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Formerly called the Utels Youth Hostel, this budget hotel's two buildings offer very basic rooms on the cheap. This is on the lower end as far as international youth hostels go, so don't expect much service or pointers from staff about what in Shanghai is a must-see. But if you're traveling alone, this is a decent way to meet people, share tips with other travelers, and possibly even find a dining companion. Room choices range from small singles up to four-bed dormitories (60 rmb per person) or a private room with a king bed (218 rmb). It's right near the subway stop, but note that you will indeed have to travel on the metro to get anywhere as it's not centrally located. Tsingtao beer is only 5 rmb a bottle, and you can also book through the hostel a day trip to a nearby water town—those ancient towns that boast traversing rivers and old bridges—for about 80 rmb. There are also the usual hostel amenities, such as free luggage storage and a small library from which to borrow books.