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  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
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Hotel-Formule 1

Hotel-Formule 1

Category: Hotel Chain
No. of Franchise Outlets: --
Area Req: Any
Investment: Rs. 5 Cr. and above
Business Details

Hotel Formule1, a Rest Assured network of hotels by World’s leading hotel operator Accor, is renowned for delivering a great sleep and shower experience. Hotel Formule1 offers 100% cotton sheets and soundproof rooms. The hotel also offers complimentary Wi-Fi to its guests. The rooms are cleverly designed and stylish. The soft, relaxing colors and new enhanced approach to light, space and materials give it an inviting and modern atmosphere.

With an aim to appeal to domestic corporates and frequent business and leisure travellers looking for a Rest Assured stay, Hotel Formule1 is the first hotel brand in India filling the void for standardized comfort.

The rooms are cozy and compact and features flat screen television, storage area, writing desk, hot and cold shower bathroom, sound proof windows and access control doors. The quality bedding with 100% cotton sheets offers a great sleep experience.

With 24 X 7 security and access control lifts, keycard-operated door locks, visual alarm for common areas, break glass emergency phone and CCTV Cameras; the hotel provides undoubted safety to its guests.

The Formule1 hotel design concept steers away from conventional hotels. The generous use of natural materials, fresh colours and attractive lighting takes Formule1 a step above traditional hotel models. Using contemporary furnishings, clever layouts, and a whimsical twist of designer graphics, Formule1 creates a new atmosphere that brings life and fun into the spaces.

Every stay at Hotel Formule1 is a Rest Assured experience with friendly and ever assisting staff, 24/7 safety, refreshing breakfast, Express check-in and check-out.

Hotel Formule1 is now present in India in Ahmedabad, Bengaluru, Gurgaon, Greater Noida and Pune Hinjewadi and opening soon in Pune Pimpri. In 2015, the brand will expand in cities like Hyderabad- Hi-tech city and Banjara Hills, Chennai OMR and Nashik. 

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Hotel-Formule 1 Investment Details

Commenced Dates
Date Commenced Operations
Date Commenced Frachising / Distribution
Franchise Details
Franchise/Brand Fee
Store Wise
Rs. 5 Cr. above
5% of Revenue
Expansion Locations
New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal 
Kerala, Karnataka, Tamil Nadu 
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa 
Gujarat, Rajasthan, Maharashtra, Goa 
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand 
Union Territories
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu 
Franchise Details (Optional)
Want to expand
International, Nationwide
Exclusive territorial rights to a unit
Performance guarantee to unit franchisee
Anticipated percentage return on investment
Likely pay back period of capital for a unit franchise
5- 8 years
Other investment requirements

Hotel-Formule 1 Property Details

Type of property required for this franchise opportunity
Commercial Property
Floor area requirement
Any .
Preferred location of unit franchised outlet
City centre/Conversion of existing hotels

Hotel-Formule 1 Training Details

Detailed operating manuals for franchisees
Where is franchisee training provided?
At Franchise Unit or Head Office
Is field assistance available for franchisee?
Will someone from Head Office provides assistance to franchisee in opening the franchise?
What IT systems do you presently have that will be included in the franchise?

Hotel-Formule 1 Agreement & Term Details

Do you have a standard franchise agreement?
How long is the franchise term for?
15 years
Is the term renewable?
Oct, 15 2016

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