The company's purpose is to operate one or more restaurants, hotels and similar establishments, as well as catering services and events. The company manages the hotel and restaurant itself or in cooperation with third parties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as 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. It may grant loans and conduct leasing transactions. It may also conduct financing, securities and foreign exchange transactions for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.