The company's purpose is to provide management services and license systems, software and intellectual property rights in the fields of tourism, hospitality and real estate, as well as to develop and operate hotel and restaurant businesses and other properties in Switzerland and abroad, and to conduct all commercial transactions related thereto. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and 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 also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for affiliated companies and third parties. Transactions prohibited by the Lex Koller are excluded.