I've been staying on business in Shanghai on and off for a couple of months now, and have had an incredible amount of trouble finding a hotel that (a) wasn't going to rip me off and (b) had service approaching the usual international standard. I tried the Manhattan Business Hotel on the Bund (historic riverside area of Shanghai) on the strength of a Japanese guidebook review.

Turned out pretty well. It's just off the Bund main drag, just off Nanjing Lu (the main commercial thoroughfare of Shanghai) and two minutes walk from the underground/subway. Historic looking building, friendly front of house staff, and I got a suite for 777RMB ($100).

Broadband in the room, nice shower, lots of free mineral water.

Breakfast was good - freshly made real coffee, orange juice (as opposed to orange squash served in the last 4* hotel I stayed at in Shanghai), and nice service (a waiter spotted I wanted some toast, and made it for me in the buffet toaster- without a word of request from me).

Only one downside is that for some strange design reason, none of the rooms have clear windows - all frosted glass or no windows. And they don't open. Weird.

It doesn't have a swimming pool, exercise room or Michelin starred restaurant. But if you want a reasonably priced centrally located hotel with friendly staff, I'd recommend it strongly.