The provision of hotel and restaurant services, in particular the creation and management of public establishments with or without accommodation such as hotels, motels, aparthotels, guesthouses, bed and breakfasts, pensions, inns, restaurants, taverns, trattorias, hostels, wine cellars, snack bars, breweries, cafes, bars, tea rooms, pubs, clubs and nightclubs, discos and piano bars, as well as the production and distribution, also at home, of gastronomic products, food, typical dishes and the distribution and administration of non-alcoholic and alcoholic beverages. The company may manage franchise sales outlets for the exercise of the above activities. The company may, in Switzerland and abroad, carry out all activities and acts necessary, at the sole discretion of the administrative body, for the implementation of the company's purpose and, inter alia, carry out commercial and industrial, financial, mortgage and real estate transactions, including the purchase, sale and exchange of movable and immovable property, resort to any form of financing with credit institutions, banks, companies and individuals, providing the necessary real and personal guarantees, grant guarantees, guarantees and real guarantees in favor of third parties, take participations in companies and enterprises and participate in consortia and groupings of companies.