The company's purpose is to operate hotels, restaurants, bars and discos. Furthermore, it aims to carry out renovation and interior decoration work, as well as bring buildings into compliance with fire protection regulations. The company may establish branches and subsidiaries in Switzerland and abroad, and acquire interests in other companies in Switzerland and abroad, as well as carry out all operations that are directly or indirectly related to its business purpose. The company may acquire, mortgage, sell and manage real estate, except for operations prohibited by the LFAIE. It may also provide financing for its own account or for third parties, as well as grant guarantees and securities to its subsidiaries and third parties.