The company's purpose is to operate and manage hotels, accommodation and catering establishments in Thun in its own name, on behalf of third parties, or on behalf of third parties, as well as to provide related services. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage licenses, patents and other intangible assets, as well as real estate, in Switzerland and abroad, to conduct investment and lending transactions of any kind, and to provide guarantees. The company may conduct investment and lending transactions of any kind, provide guarantees, and grant direct or indirect financing to group companies or third parties, including its direct or indirect shareholders or their direct or indirect subsidiaries, and provide security for the liabilities of such companies, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether for consideration or not. Furthermore, it may engage in cash pooling with the aforementioned companies, including periodic account balancing (zero balancing), even on preferential terms without interest, excluding the company's profit motive, and assuming cluster risks. In addition, the company may conduct any business and engage in any commercial, financial, or other activities that are suitable to promote the company's purpose or are directly or indirectly related to it.