HotelF1

{{Short description|French economy hotel brand}}

{{Redirect|Formule 1|the auto racing series|Formula One}}

{{Infobox company

|name = HotelF1

|logo = Hotel_Formule_1_logo.svg

|type = Subsidiary

|slogan =

|foundation = 1984

|former_name = Formule 1

|area_served = France

|parent = Accor

|industry = Hotels

|products =

|locations = 172 (2018){{cite web|url=https://group.accor.com/en/investors/financial-data/key-indicators|title=Key indicators|website=Accor.com|access-date=6 November 2019|archive-date=19 November 2020|archive-url=https://web.archive.org/web/20201119160106/https://group.accor.com/en/investors/financial-data/key-indicators|url-status=dead}}

|hq_location_city = Évry

|hq_location_country = France

|website = [https://hotelf1.accorhotels.com/home/index.en.shtml 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.{{cite web|url=https://www.hospitalitynet.org/news/4081459.html|title=AccorHotels announces a relaunch plan for the HotelF1 brand|website=Hospitalitynet.org|date= 9 March 2017|access-date=6 November 2019}}

History

File:Formule 1 - F1 Motel - panoramio.jpg, 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.{{cite book|title=Europe at the Seaside: The Economic History of Mass Tourism in the Mediterranean|publisher=Berghahn Books|date=2009|author1=Luciano Segreto|author2=Carles Manera|author3=Manfred Pohl|isbn=9781845453237}}

The construction process of Formule 1 hotels was completely industrialized and standardized, allowing Accor to open one location every week.{{cite book|title=Histoire de l'hôtellerie: une approche économique|publisher=Publibook|date=2011|author=Jean-Christophe Lefevre|isbn=9782748370157|language=fr}} In the early 1990s, the engineering techniques of Formule 1 inspired the group Accor to launch another economy brand, Etap Hôtel (now ibis budget).{{cite web|url=https://www.lhotellerie-restauration.fr/lhotellerie/articles/m_2581_1er_octobre_1998/etaphotel.html|title=Etap Hotel|website=Lhotellerie-restauration.fr|date=1 October 1998|language=fr|access-date=6 November 2019}} In the late 1990s, the construction techniques of Formule 1 were also adopted by Accor's other economy brand, Ibis.{{cite web|url=https://www.lhotellerie-restauration.fr/lhotellerie/articles/2642_02_decembre_1999/ibis-va-ouvrir-50-hotels.html|title=ibis va ouvrir 50 hôtels|website=Lhotellerie-restauration.fr|date=2 December 1999|language=fr|access-date=6 November 2019}} By 1997, Formule 1 occupied 39% of the "super-economy" hotel market in France.{{cite web|url=https://www.lhotellerie-restauration.fr/lhotellerie/articles/2506_17_avril_1997/l_activite_des_chaines_hot.html|title=L'activité des chaînes hôtelières|website=Lhotellerie-restauration.fr|date=17 April 1997|language=fr|access-date=6 November 2019}} From 1985 to 2005, 100 million customers stayed in Formule 1 hotels.{{cite web|url=https://www.lhotellerie-restauration.fr/hotellerie-restauration/articles/2005/2913_24_fevrier_2005/nos_clients_ont_changes.htm|title=Nos clients ont changé|website=Lhotellerie-restauration.fr|date=24 February 2005|language=fr|access-date=6 November 2019}}

= 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.{{cite web|url=https://www.hospitalitynet.org/news/4043482.html|title=Accor Announces sale of 158 hotelF1 properties for €272 million|website=Hospitalitynet.org|date=22 September 2009|access-date=6 November 2019}} In 2012, following a new hotel star-rating system in France, HotelF1 became a one-star hotel brand.{{cite web|url=https://www.20minutes.fr/economie/936995-20120520-moins-5000-hotels-classes-nouvelles-normes-dont-1000-accor|title=Moins de 5.000 hôtels classés aux nouvelles normes, dont 1.000 pour Accor|website=20minutes.fr|date=19 May 2012|language=fr|access-date=6 November 2019}}

In 2017, Accor unveiled a rebranding and refurbishment for its HotelF1 chain. This included the introduction of optional shared rooms.{{cite web|url=https://hospitality-on.com/en/renovation/hotelf1-gets-new-look|title=hotelF1 gets a new look|website=Hospitality-on.com|date=12 April 2018|access-date=6 November 2019}} As of 2018, HotelF1 managed 172 hotels in France.

Development

class="wikitable"

|+ Development since 2011

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

References

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