Hotel operator Accor has opened yet another Hotel Formule1, this time in the the heart of Pimpri in Pune, bringing the network to six hotels in India. The hotel is located in close proximity to Pune ...

French hospitality giant Accor has sold 60 per cent stake in its entry-level budget hotel chain Formule 1 in India to privately held hotel investment and development firm Samhi Hotels for an ...

Emaar MGF, India’s leading real estate developer, and Accor, global leaders in economy and budget hotels, today announced a joint venture to bring the Formule 1 brand of budget hotels to India. The ...

With the latest acquisition, Samhi has acquired a total of 21 hotel projects, both operational or under development, across nine cities, with a total inventory of about 3,500 rooms. Photo: Mint(Mint) ...

The website is one-stop shop for all information one needs on India’s growing budget brand -Hotel Formule1. The new website will feature offers, information on hotels, city info assistance, booking ...