The company's purpose is the operation, management, acquisition or disposal of hotels, restaurants, snack bars, breweries, coffee bars, guesthouses, inns or other public establishments; the operation of a hotel establishment, including guest rooms, bar, restaurant, the organization of sports activities and wellness services, events and events. The company may also create subsidiaries and branches in Switzerland and abroad, hold participations in companies with similar activities. The company may carry out all operations that are directly or indirectly related to its main purpose. It may grant loans to its shareholders or third parties, guarantee loans subscribed by its shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, as well as pledge its assets to secure any claim.