The purpose of the company is to promote the interests of the group companies worldwide. In particular, the company provides support in the marketing and management of hotels belonging to an international hotel chain. The company can acquire, hold, manage and sell participations in Swiss and foreign companies of all kinds, excluding real estate participations in Switzerland that are prohibited by the Federal Act on the Acquisition of Real Estate by Persons Abroad. The company can grant loans and/or other forms of financing to third parties or companies in which it is directly or indirectly involved, as well as to its direct or indirect shareholders and companies in which such shareholders are directly or indirectly involved, against payment or free of charge. The company can also provide any kind of security or guarantee to secure its obligations or the obligations of any of these persons, including in the form of assignments or security transfers, pledges, guarantees of any kind or paid or unpaid indemnification obligations. The company can also provide such financing, security or guarantees if they are made in the exclusive interest of third parties or companies in which the company is directly or indirectly involved, as well as its direct or indirect shareholders and companies in which such shareholders are directly or indirectly involved. The company can establish branches and subsidiaries in Switzerland and abroad. The company can also carry out all commercial, financial or other activities that are related to the purpose of the company.
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