The purpose of the Company is the management of hotels and restaurants, as well as the performance of other activities and promotions in the tourism and gastronomy sector. The production, sale, trade, import, export, retail and wholesale of all kinds of goods intended for hotel and restaurant activities. The Company may carry out all transactions related to the purpose of the company, in particular establish and finance companies, acquire, pledge and sell participations in companies or real estate in Switzerland and abroad. The Company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish other companies, as well as conclude all contracts and agreements that are suitable to promote the purpose of the company.