The company's purpose is to acquire, manage and sell participations in companies of all kinds, primarily in the hotel and catering industry, as well as to establish, operate, lease and sublease, and advise and manage any type of business in the hotel and/or catering industry, as well as to provide operational consulting and management on its own account or on behalf of third parties in Switzerland and abroad, and to train and further educate executives from the hotel and catering industry. The company may establish branches, participate in other companies in Switzerland and abroad, acquire or sell other companies, arrange financing for its own account or on behalf of third parties, and acquire, encumber, rent, lease, manage and sell real estate and plots of land in Switzerland and abroad. The company may also conduct all business that is directly or indirectly related to its purpose.