Core Viewpoint - The article discusses the closure of the Wangchao Hotel in Xuhui District, Shanghai, highlighting its historical significance and current state of abandonment [1][3][8]. Group 1: Hotel Status - The Wangchao Hotel, established in June 2001, is registered as an individual business and is currently listed as "operating" despite being vacant [3][4]. - A notice at the hotel indicates that personnel from the Qi Family Garden Hotel are not allowed to enter without the chairman's consent, suggesting a contractual dispute [1][3]. Group 2: Historical Significance - The Wangchao Hotel was once a prestigious venue in Shanghai, known for hosting significant events such as weddings and banquets, and was recognized for its luxurious ambiance [3][6]. - The hotel was a popular choice for celebrations among locals, with nostalgic memories associated with it, including a notable presence of a stretched Lincoln parked outside [3][6]. Group 3: Current Observations - Observations from local residents indicate that the hotel has been rebranded as Qi Family Garden, although the exterior signage has not changed [7]. - The future of the Wangchao Hotel and its potential return to prominence remains uncertain [8].