The company's purpose is the management of restaurants and hotels, and it is generally active in the fields of hospitality, F&B and events. It may carry out any financial or commercial operation, in particular any real estate transaction, related to its purpose or likely to promote it. It may also generate, acquire, manage, transfer and assign patents, trademarks as well as practical, technical and industrial knowledge and know-how. Furthermore, it may create branches in Switzerland and abroad, take financial participations, found or finance companies having a direct or indirect relationship with its purpose. It may also carry out leasing and financing operations for its own account or for the account of third parties, as well as contract guarantees and sureties for subsidiaries and third parties.