Guangzhou, China 101: Where to stay?

I am a very cautious traveller. While majority would prefer an adventure-filled trip where anything goes ; I would prefer having a set itinerary, a guaranteed accomodation and clear transfer arrangements. This, I figured, would save me from all the headaches and hopefully maximize my budget too. Since it will be our first time in Guangzhou, we didn't want to take any risk in ending up homeless in a place where English is not their primary language. Finally, after a week's worth of internet surfing and getting recommendations from travel agencies, we finally got a lovely room at the Grand Continental Service Apartments . The hotel is located at the tip of the famous Beijing Road which is a pedestrian street lined with bargain shops and stalls. Normal room rates range from CNY 248 (approx. Php. 1860 / $38) for the Standard Single Room to CNY 1380 (approx. Php. 10,350 / @212) for the Deluxe Three Bed Rooms apartment. The room is fairly big and the bed is very comfortable. I love t...