The conduct of commercial activities in the field of public establishments, in particular the management, administration and operation of restaurants, hotels and other forms of public establishments in general, as well as participation in similar companies. The purchase and sale of movable and immovable property, securities, commercial enterprises and any other activity directly or indirectly related to the company's purpose are also part of the company's purpose. The company may conduct its activities both in Switzerland and abroad. The company may establish branches and participate in other companies.