The purpose of the company is to invest in commercial properties and land for the development of hotel, restaurant and other hospitality projects, as well as to manage and operate hotels, restaurants and other hospitality businesses. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or merge with similar or related companies, acquire, manage and sell properties, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.