Accor has announced the launch of its low-cost hotel brand in India -- Formule 1. The first Formule 1 will open at Greater Noida on April 4. Formule 1 presents a fresh approach to low-cost Indian accommodation.

Located in midst of the IT and education hub of Greater Noida, the hotel features 114 functional rooms, offering cost conscious travellers simplicity and essential comforts in key locations. Formule 1 is Accor’s innovative budget hotel brand that will also promote the concept of standard rooms with a single price for up to three people.