When I double-checked the hotel's address on TripAdvisor (their Google results are often ahead of the first-party site), the hotel had dropped to No. 34 and was offering a 50 percent off special.
If the Armani Hotel aesthetic (or price) is too over the top for you, there is the contemporary, cosmopolitan (and less expensive) 244-room AddressHotel nearby.
Ask your hotel concierge to write down addresses for taxi drivers, and remember to take a hotel card with the address in Chinese characters for the return trip.