The company's purpose is the operation of hotel establishments, cafes, restaurants, as well as the provision of all related services, including reception, accommodation, and catering. The company may also, in Switzerland and abroad: create branches or subsidiaries, take stakes in, and more generally participate in, all enterprises having a direct or indirect connection with its purpose; carry out, either on its own account or on behalf of third parties, all financial, commercial, movable or immovable transactions directly or indirectly related to the main purpose, or likely to promote its development, it being specified that any acquisition of immovable property in Switzerland may only take place in compliance with the provisions of the Federal Law on the Acquisition of Real Estate by Persons Abroad; and provide financial assistance, including loans, advances, guarantees or securities of all kinds to its partners, affiliated companies or third parties.