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]

HotelF1
FormerlyFormule 1
Company typeSubsidiary
IndustryHotels
Founded1984
Headquarters
Évry
,
France
Number of locations
172 (2018)[1]
Area served
France
ParentAccor
WebsiteAccorhotels.com/hotelF1

History

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Hotel F1 in Vannes, next to a property of its sister company Ibis.

1984: Formule 1

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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

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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

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Development since 2011[1]
Year Hotels Rooms
2018 172 13 210
2017 170 12 975
2016 237 17 864
2015 237 (+ 8 Formule 1) 17 860 (+1 099 Formule 1)
2014 238 (+ 8 Formule 1) 17 906 (+ 930 Formule 1)
2013 238 (+ 10 Formule 1) 17 906 (+ 947 Formule 1)
2012 240 (+ 42 Formule 1) 18 037 (+ 3 039 Formule 1)
2011 243 (+ 85 Formule 1) 18 213 (+ 9 167 Formule 1)

See also

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References

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  1. ^ a b c "Key indicators". Accor.com. Archived from the original on 19 November 2020. Retrieved 6 November 2019.
  2. ^ a b "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.
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