After Beijing, Shanghai is preparing to be under the world's spotlights. The city has just been nominated for Expo 2010 with its 70 million potential visitors. The city's hotel industry suffers from overcapacity that places a great deal of pressure on average daily rates. This evolving city continues to attract hoteliers. And bolstered by their confidence in the Chinese megalopolis' future, these are crowding along the Bund and in the business district of Pudong.
