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.
Operations Commenced On2010
Franchising / Distribution Commenced On2014
Investment Rs. 5 Cr. above
Franchise/Brand Fee 5% of Revenue
Royalty/Commission- NA -
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
Karnataka, Kerala, Tamil Nadu
Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal
Goa, Gujarat, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Andaman and Nicobar, Chandigarh, Daman and Diu, Lakshadweep, Pondicherry
Want to expandNationwide
Exclusive territorial rights to a unit franchise No
Performance guarantee to unit franchisee No
Anticipated percentage return on investment - NA -
Likely pay back period of capital for a unit franchise 5- 8 years
Other investment requirements No
Type of property required for this franchise opportunity Commercial Property
Floor area requirement Any
Preferred location of unit franchise outlet City centre/Conversion of existing hotels
Detailed operating manuals for franchisees Yes
Franchisee training location At Franchise Unit or Head Office
Is field assistance available for franchisee? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 15 Year
Is the term renewable? Yes