Not what the pictures show.
I was there on 6/28/07. The hotel is under renervation & the pictures are not accurate. The lobby is closed with only a small temporary lobby being used with just a few chairs. There is no restaurant, bar, fitness center, etc, etc, etc. If you're not interested in these things, then it' a very good value. It is located a short walk to the Bund & that's a plus. The beds are a lot firmer then westerners are used to. The sheets & duvet cover are always spotless. I would stay there again given the price. I would assume the price will go up when the hotel renervation is complete.