Lifestyle Hotels in Modern Shanghai

Paper Summary:

This paper develops the argument that a small lifestyle hotel will not be able to finance itself without a combination of apartment units; sales of the apartment units will serve to generate an enormous amount of the revenue required to pay back to creditors in comparison to just selling a hotel room on a daily basis. The goal of the paper is to determine the outcome of both approaches using the positive and phenomenologist approaches. A brief discussion of Shanghai's current and future opportunities and challenges is followed by a review of these two methodological approaches to research. A determination of the appropriateness of one over the other is then followed by a summary of the research in the conclusion.

From the Paper:

"Background and Overview. According to Wakeman and Yeh (1992), the tenfold increase in Shanghai's population between 1842 and 1945 was largely a result of Chinese immigration from the countryside into the city, especially into the International Settlement (which doubled in numbers between 1895 and 1910 and doubled again between 1910 and 1930) and the French Concession (which almost tripled between 1895 and 1915 and more than tripled again between 1915 and 1930). "From the 1850s on, each new social disturbance in the interior sent tens of thousands of Chinese refugees to Shanghai, seeking protection under the English and French flags" (Wakeman & Yeh 1992, p. 1). Since the Communist victory in 1949, however, Shanghai has emerged as an industrial giant whose products supply China's growing domestic demands. The city has also experience pronounced physical changes with the establishment of industrial suburbs and housing complexes, the improvement of public works, and the creation of parks and other recreational facilities (Shanghai 2004)."

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