HotelF1

Last updated
HotelF1
FormerlyFormule 1
Company type Subsidiary
Industry Hotels
Founded1984
Headquarters
Évry
,
France
Number of locations
172 (2018) [1]
Area served
France
Parent Accor
Website Accorhotels.com/hotelF1

HotelF1, stylised as hotelF1 and branded Formule 1 until 2007, is a French budget hotel chain solely operating domestically. It its owned and had been created by Accor in 1984. [2]

Contents

History

Hotel F1 in Vannes, next to a property of its sister company Ibis. Formule 1 - F1 Motel - panoramio.jpg
Hotel F1 in Vannes, next to a property of its sister company Ibis.

1984: Formule 1

After the launch of the Ibis brand positioned below the midscale Novotel, owner Accor reiterated its strategy in 1984 with the creation of Formule 1, an economy hotel brand positioned below its Ibis branded properties and that was opened its first location in 1985. [3]

The construction process of Formule 1 hotels was completely industrialized and standardized, allowing Accor to open one location every week. [4] In the early 1990s, the engineering techniques of Formule 1 inspired the group Accor to launch another economy brand, Etap Hôtel (now ibis budget). [5] In the late 1990s, the construction techniques of Formule 1 were also adopted by Accor's other economy brand, Ibis. [6] By 1997, Formule 1 occupied 39% of the "super-economy" hotel market in France. [7] From 1985 to 2005, 100 million customers stayed in Formule 1 hotels. [8]

2007: HotelF1

In 2007, Formule 1 was rebranded as HotelF1. In September 2009, Accor announced the sale of 158 HotelF1 hotels in a €272-million sale and management-back deal. [9] In 2012, following a new hotel star-rating system in France, HotelF1 became a one-star hotel brand. [10]

In 2017, Accor unveiled a rebranding and refurbishment for its HotelF1 chain. This included the introduction of optional shared rooms. [2] [11] As of 2018, HotelF1 managed 172 hotels in France. [1]

Development

Development since 2011 [1]
YearHotelsRooms
201817213 210
201717012 975
201623717 864
2015237 (+ 8 Formule 1)17 860 (+1 099 Formule 1)
2014238 (+ 8 Formule 1)17 906 (+ 930 Formule 1)
2013238 (+ 10 Formule 1)17 906 (+ 947 Formule 1)
2012240 (+ 42 Formule 1)18 037 (+ 3 039 Formule 1)
2011243 (+ 85 Formule 1)18 213 (+ 9 167 Formule 1)

See also

Related Research Articles

Motel 6 is a chain of budget motels with locations in the United States and Canada. Motel 6 also operates Studio 6, a chain of extended-stay hotels. The hotel brand is owned by The Blackstone Group's real estate business. Blackstone purchased the business in 2012 from Accor Hotels, and established G6 Hospitality as the management company for Motel 6 and Studio 6.

Sofitel Hotels & Resorts are a French hotel chain of luxury hotels based in Paris, France, and owned by Accor since 1980. Founded in 1964 in France, Sofitel quickly developed worldwide to reach more than 200 properties. In 2008, Sofitel became a brand of luxury hotels only, downsized its property count to 89, and created new brands. Sofitel had 130 properties by January 2023.

Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide.

<span class="mw-page-title-main">Red Roof Inn</span> Economy motel chain

Red Roof Inn is an American economy hotel chain based in the United States with over 600 properties globally, primarily in the Midwest, Southern, and Eastern United States. Red Roof Inn is a pet-friendly hotel chain.

<span class="mw-page-title-main">Super 8 (hotel)</span> American economy motel chain

Super 8 by Wyndham, commonly known as Super 8, is an American hotel brand, being the world's largest budget hotel chain with over 2,600 locations worldwide. The chain is a subsidiary of Wyndham Hotels and Resorts. The original room cost was $8.88 per night. As of December 2022, the brand website listed 2,691 hotels worldwide.

Ibis is a French brand of budget hotels owned by Accor. Created in 1974, Ibis became Accor's "economy megabrand" in 2011 with the rebranding of Ibis Styles and Ibis Budget from All Seasons and Etap Hôtel respectively. As of December 2019, there were 1,218 hotels under the Ibis brand, with 159,180 rooms in total across 70 countries.

<span class="mw-page-title-main">FRHI Hotels & Resorts</span> Hotel management company

FRHI Hotels & Resorts is a global hotel management company that is based in Toronto, Ontario, Canada. FRHI is the parent company that manages three brands of hotels: Fairmont, Raffles and Swissôtel. These hotel chains collectively include more than 100 hotels and resorts in over 30 countries worldwide. Since 2016, the company has been owned by AccorHotels, a French multinational hotel firm. AccorHotels purchased FRHI for $2.7 billion.

Novotel is a French midscale hotel brand owned by Accor. Created in 1967 in France, the company grew into what became the Accor group in 1983, and Novotel remained a pillar brand of Accor's multi-brand strategy. Novotel manages 559 hotels in 65 countries (2021). Since 2010, Novotel also includes the apartment hotel brand Novotel Suites.

Le Méridien is an American upscale, design-focused international hotel brand with a European perspective. It was originally founded by Air France in 1972 and was later based in the United Kingdom. Marriott International now owns the chain. As of June 2021, it had a portfolio of 109 open hotels with 29,439 rooms and a pipeline of 37 hotels with 9,585 upcoming rooms.

Mercure is a French midscale hotel chain owned by Accor. Created in 1973 in France, the brand was acquired by Accor in 1975, and subsequently became a major part of the company's midscale hotel portfolio, alongside Novotel. As of 2021, Mercure operated 949 hotels in 63 countries. Outside Europe, Accor additionally uses the Grand Mercure brand, an upscale subsidiary in currently 12 countries.

Joie de Vivre Hospitality is a hotel and restaurant company based in San Francisco, California, and the second-largest operator of boutique hotels in the United States. Due to its ownership by Hyatt Hotels & Resorts, it is currently branded as JdV by Hyatt, under which five further sub-brands also operate.

<span class="mw-page-title-main">The Ascott Limited</span> Singaporean real estate lodging company

The Ascott Limited is a Singaporean real estate and lodging company and a subsidiary of CapitaLand.

Ibis Budget is a French budget hotel brand owned by Accor. Created in 1992 in France under the name Etap Hôtel, the brand was renamed Ibis Budget in 2011. As of 2018, Ibis Budget managed 614 hotels in 20 countries.

<span class="mw-page-title-main">Sébastien Bazin</span> French businessman

Sébastien Bazin is a French businessman. He is the chairman and chief executive officer of AccorHotels. As CEO of Accor, he has committed to the UN's HeForShe campaign that seeks to promote women's and men's rights by pledging to reach parity in pay and equality between genders by 2020.

Huazhu Hotels Group, also known as H World Group Limited, is a hotel management company in China. In 2010, H World Group was listed on Nasdaq; in September 2020, H World Group achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange. and in January 2023, H World was listed in the Hurun China 500 Most Valuable Private Companies 2022 and ranked No. 126.

Pullman Hotels and Resorts is a French multinational upscale hotel brand owned by Accor. Pullman has 145 hotels and resorts in 42 countries spread across Africa, the Americas, Asia, Europe, the Middle-East and Oceania.

Ibis Styles is a French budget hotel brand owned by Accor. Created in 1980 in Australia with the name All Seasons, the brand was acquired by Accor in 1999 and renamed Ibis Styles in 2011. As of April 2023, Ibis Styles manages 642 hotels in 51 countries.

Penta Hotels is a hotel brand with 28 hotels with this name across Europe and Asia as of 2020.

Thalassa Sea & Spa is the thalassotherapy brand of the group Accor. In 1984, Accor purchased the Quiberon institute, the first of the Thalassa brand, and the largest thalassotherapy center in France to this day. Thalassa Sea & Spa has 9 centers in France and 4 abroad.

The Ibis Styles Manila Araneta City is a 286-room hotel located in the Araneta City, Quezon City, Philippines. The economy hotel is part of AccorHotels, and set to be the first hotel under the Ibis Styles brand in the Philippines. At present, the hotel opened its doors to the public on 7 March 2024 and is set to begin its full operations within the second half of 2024.

References

  1. 1 2 3 "Key indicators". Accor.com. Archived from the original on 19 November 2020. Retrieved 6 November 2019.
  2. 1 2 "AccorHotels announces a relaunch plan for the HotelF1 brand". Hospitalitynet.org. 9 March 2017. Retrieved 6 November 2019.
  3. Luciano Segreto; Carles Manera; Manfred Pohl (2009). Europe at the Seaside: The Economic History of Mass Tourism in the Mediterranean. Berghahn Books. ISBN   9781845453237.
  4. Jean-Christophe Lefevre (2011). Histoire de l'hôtellerie: une approche économique (in French). Publibook. ISBN   9782748370157.
  5. "Etap Hotel". Lhotellerie-restauration.fr (in French). 1 October 1998. Retrieved 6 November 2019.
  6. "ibis va ouvrir 50 hôtels". Lhotellerie-restauration.fr (in French). 2 December 1999. Retrieved 6 November 2019.
  7. "L'activité des chaînes hôtelières". Lhotellerie-restauration.fr (in French). 17 April 1997. Retrieved 6 November 2019.
  8. "Nos clients ont changé". Lhotellerie-restauration.fr (in French). 24 February 2005. Retrieved 6 November 2019.
  9. "Accor Announces sale of 158 hotelF1 properties for €272 million". Hospitalitynet.org. 22 September 2009. Retrieved 6 November 2019.
  10. "Moins de 5.000 hôtels classés aux nouvelles normes, dont 1.000 pour Accor". 20minutes.fr (in French). 19 May 2012. Retrieved 6 November 2019.
  11. "hotelF1 gets a new look". Hospitality-on.com. 12 April 2018. Retrieved 6 November 2019.