2012 % Occupancy: 55 / % Change since 2011: -3
Average Room Rate 2012: 195 / % Change since 2011: -12
Average Room Yield: 108 / % Change since 2011: -16.7
Data Source: Ernst & Young Middle East Hotel Benchmark Survey
Time Period: Year–to–Date Performance for Jan 2012 to Nov 2012
Sharjah-based Gulf Petrochem has ballooned into a $2.5bn oil conglomerate in less than 20 years. Co-founder Sudhir Goyel reveals why the UAE is no longer the centre-of-attention, as global plans take hold.