Has anyone stayed at The Waterhouse at South Bund in Shanghai? I am going there on a business trip, and would like to look for a place to stay. I did some quick research and found The Waterhouse's price to be reasonable and the location isn't awfully far from work (World Financial Center). First I thought about Hyatt on the Bund, but I didn't want to shock the company with a big bill (first time in Shanghai for me on the company's behalf, I have been there many times before for personal travels). I'd love to stay at the Park Hyatt, and just take the elevator down to work, but maybe that'll have to wait until I'm in the C-suite. I'm looking for something that will hopefully be under $250/night, and not too flashy. It doesn't matter if a presidential suite cost under $200, I'm not going to book it because I'm not going print out a receipt that says I stayed in a presidential suite. You know, company politics reasons. My hotel statuses to the left.

Recommendations welcome!