China's New Hotels: Pretty, But Vacant

China's New Hotels: Pretty, But Vacant
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For its new Andaz boutique hotel in Shanghai’s bar and entertainment district, Hyatt Hotels spared no expense: Rooms boast color-adjustable lighting and glowing translucent bathtubs that offer a view of the city’s old French Concession area through floor-to-ceiling windows. There’s even a 23,672-square-foot spa and a water-surrounded glass pavilion for weddings and red carpet events.

The month-old Andaz is one of 19 five-star hotels that have opened in Shanghai in the past five years. Many boast eye-popping luxuries. What they lack is enough guests.

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