The company's purpose is the operation and management of hotels, restaurants, bars and cafes, as well as catering services; the marketing and distribution of all food products. The company may carry out, either on its own account or on behalf of third parties, any other activities of any nature, in particular financial, commercial, industrial, movable and immovable property activities, converging with its main purpose, with the exception of properties subject to the LFAIE, in Switzerland and abroad, directly or indirectly related to its main purpose. The company may also establish branches in Switzerland and abroad. It may also participate in any company, acquire or pay fees and commissions, negotiate and execute various contracts or commissions in different countries.