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 ...

Hotel Formule1 offers travellers complimentary Wi-fi, 24/7 security with express check-in and check-out, and reliable technology-driven facilities along with easy accessibility to city centers and ...

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) ...

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 ...