The company's purpose is to establish, manage and operate on its own account or on a contractual basis, as well as to lease and sublease any type of hotels, restaurants, bakeries and other establishments, and to manufacture and distribute confectionery, pastry and bakery products and related products in Switzerland and abroad, including the provision of services in these areas. Furthermore, the company provides consulting services of all kinds in connection with accommodation and gastronomy. The company can 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 can buy, sell, rent, lease and broker real estate of all kinds. It can grant loans and participate in other companies in Switzerland and abroad.