Ok okay, it's establish, I love 798 Art Zone. Today, I came across a website with information about any arty hostel called Artstel that you can stay at within Beijing's 798 Art Zone. Very cool. Going to have to check it out next time I'm there. And the best part is, it's darn cheap to stay. The website says 50 RMB per night!

Here is a bit from their site:
 

ARTSTEL combines the concept of Art and hostel, Located right inside Beijing 798 Art District, probably the best known art area in  China, often compared with New York's Greenwhich Village,e.g. SOHO by world's media.

ARTSTEL, is not only cheap, budget accommodation, but also a meeting spot for backpackers, independent travelers and artists.

In ARTSTEL, expect the unexpected, meet with friendly host and arty locals,who often stage exhibitions, or a casual performance.

Wanna fuse yourself like an artist? Sure, join us the interactive program. ARTSTEL warmly welcomes any intriguing artists and art programs cooperation.

Steps outward in the vicinity of ARTSTEL still in 798, explore hundreds art galleries, lofts, design firms, artists studios, as well fancy tailor-shops, cafes and restaurants.

All...It's just a sort of hostel you can NOT expect so far else where in town.