The company's purpose is: - consulting and investment in the tourism and hospitality sector (with the exception of operations prohibited by the LFAIE); - the management of social mandates. The company may carry out, either for its own account or for the account of third parties, all financial, commercial, industrial or movable operations, directly or indirectly related to its corporate purpose. It may, in general, carry out any activity directly or indirectly related to its purpose. The company may also grant or request loans from its shareholders, its subsidiaries or related parties and carry out all commercial, financial or other transactions directly or indirectly pursuing its purpose. It may in particular create 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 aimed at developing and extending its purpose or directly or indirectly related thereto.