The company's purpose is to acquire, own, restructure and manage commercial properties, in particular hotels and hotel-like managed real estate. The company provides all services that are directly or indirectly related to this purpose. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, which constitutes a business establishment in accordance with Article 2, paragraph 2, letter a of the Federal Act on the Acquisition of Real Estate by Persons Abroad (BewG). It may also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties.
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