Operation of a gastronomy and accommodation business as well as provision of comprehensive services in the real estate sector. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, conduct all business that is directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, further provide financing for its own account or for third-party account, as well as grant guarantees and warranties for subsidiaries and third parties.