The purpose of the company is to operate bed and breakfast establishments and other temporary forms of accommodation, as well as to provide services in this context. The company may establish subsidiaries and branches in Switzerland and abroad, and participate in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate and intellectual property rights. The company may also engage in all commercial, financial and other activities that are directly or indirectly related to the purpose of the company. The company is authorized to take financing, restructuring and interim measures in favor of shareholders, group companies or third parties, as well as to grant loans to shareholders, group companies or third parties or to provide security for their obligations.