The company's purpose is the operation of public establishments, cafes, restaurants, inns, hotels as well as the management and rental of properties. The company may carry out any financial transaction, in particular the purchase, rental, sale, useful for commercial activity, in direct or indirect relation to its purpose or likely to promote it; it may in particular contract debts and grant loans or constitute pledges in favor of any person, including its associates, or any banking establishment; it may create branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect connection with its purpose.