The management of hotels, inns, restaurants, pizzerias, bars and shops, as well as retail sales and the import and export, in particular of food and beverages. In a non-prevalent manner, the company may carry out all those operations of a real estate, movable, financial and industrial as well as commercial nature, connected in any way to the company's purpose. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other Swiss or foreign companies, acquire or establish other companies of the same kind, as well as conclude all contracts and agreements that are suitable to promote the purpose of the company or that are in any case in a direct or indirect relationship with the achievement of the purpose.