Old House Inn (Huashan Lu 351, No. 16, Jing An, tel. 021/6248-6118): For those who want to wake up in old Shanghai and who don't need a lot of hotel facilities, this small, unpretentious inn in the French Concession will deliver the goods. You'll walk on hardwood floors, sit on traditional Chinese chairs, and sleep in four-poster beds -- it's not fancy but it's charming, quaint, and reasonably priced.
Captain Hostel (Fuzhou Lu 37, Huangpu; tel. 021/6323-5053): Lodged in a 1920s Art Deco building just steps from the Bund, this popular maritime-themed hostel offers clean dorms and simple double "cabins" for around ¥300 ($43/£22) after discount, a whopping good bargain for its location. After a hard day's sightseeing, you can sip a cold beer on the rooftop bar (which has fabulous views of Pudong) and be grateful you weren't shanghaied like a sailor of yore.
Note: This information was accurate when it was published, but can change without
notice. Please be sure to confirm all rates and details directly with the companies in question before
planning your trip.