For backpackers and travelers on a budget, this clean, safe and smart nautically themed hostel is hard to beat. Located just a block from the Bund, the hostel is also convenient to Nanjing Road, People's Square and the metro (Nanjing Dong Lu station). Guests interested in venturing further into Shanghai can rent bikes at the hostel for a reasonable rate.
Dorm-style rooms with shared bathrooms are available for the more economically minded; private double suites with private bathrooms are also available. Internet access is to be had in the lobby, a cheap but decent breakfast is included, and, best of all, the rooftop Captain Bar offers cheap drinks, a deck, a chance to meet fellow travelers and a view of the Pudong skyline that's unbeatable for the price. Call the Captain Hostel to book direct.