The company's purpose is to operate one or more bars, restaurants, hotels or para-hotel establishments, as well as to organize seminars and cultural, sports and tourist events. The company may acquire, sell, transfer, hold, build, rent, manage and administer, renovate, maintain, repair, carry out any brokerage, promotion, and valuation operations concerning real estate, movable assets and securities, excluding operations prohibited by the LFAIE, and conduct all movable and immovable property transactions. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with an identical or similar purpose, or merge with such companies, carry out all operations and conclude all contracts intended to develop and expand its purpose or related thereto, directly or indirectly, both in Switzerland and abroad.