We stayed at the Warner Inn / Warner Fashion Hotel (there seems to be two entries on TA for this hotel) for two nights. We were going to stay for the duration of our trip (4 nights) but because of it's inconvenient location, we had to move to the French Concession.
This hotel was not expensive at all - 600RMB/night, which we found to be incredibly reasonable. The room we had was spacious and decorated in soothing tones. The bathroom had a window overlooking into the bedroom - so this is not a room to share with mere friends.
I was with my fiance, but even though our room was for two nights, they only provided us with one free breakfast - and that's exactly what I mean, one breakfast for one person for one day. My fiance had to pay 70RMB for his breakfast, which was what we considered highway robbery! However, they had a wide variety of choices for breakfast, including freshly made eggs, dandan mian (noodles) and other Western and Asian things.
The one big negative about this place is its location. It is at least 45 minutes away from ANYTHING - French Concession, The Bund, etc. They don't provide shuttles of any sort - you will have to tax it everywhere.More