This
paper develops the argument that a small lifestyle
hotel will not be able to finance itself without a combination of
apartment units; sales of the apartment units will serve to generate an enormous amount of the revenue required to pay back to creditors in comparison to just selling a hotel room on a daily basis. The goal of the paper is to determine the outcome of both
approaches using the positive and phenomenologist approaches. A brief discussion of Shanghai's current and future opportunities and challenges is
followed by a review of these two methodological approaches to
research. A determination of the appropriateness of one over the other is then followed by a summary of the research in the conclusion.