![The Waterhouse at South Bund by NHDRO](https://static.dezeen.com/uploads/2011/11/dezeen_The-Waterhouse-at-South-Bund-NeriHu-China.jpg)
Inside award winner: The Waterhouse at South Bund by NHDRO
Inside 2011: the hotels category award at the inaugural Inside awards in Barcelona goes to NHDRO for The Waterhouse at South Bund.
![The Waterhouse at South Bund by NHDRO The Waterhouse at South Bund by NHDRO](https://static.dezeen.com/uploads/2011/11/dezeen_The-Waterhouse-at-South-Bund-NeriHu-China_03.jpg)
NHDRO transformed the disused Japanese army headquarters in Shanghai into a hotel, maintaining the building’s stripped concrete and brick walls. Read more about the project in our earlier story on Dezeen.
![The Waterhouse at South Bund by NHDRO The Waterhouse at South Bund by NHDRO](https://static.dezeen.com/uploads/2011/11/dezeen_The-Waterhouse-at-South-Bund-NeriHu-China_04.jpg)
See all our stories about hotels here.
![The Waterhouse at South Bund by NHDRO The Waterhouse at South Bund by NHDRO](https://static.dezeen.com/uploads/2011/11/dezeen_The-Waterhouse-at-South-Bund-NeriHu-China_02.jpg)
We'll be posting the winners on Dezeen Wire as they're announced throughout the day - see all the shortlisted projects here and all the announcements here.
![The Waterhouse at South Bund by NHDRO The Waterhouse at South Bund by NHDRO](https://static.dezeen.com/uploads/2011/11/dezeen_The-Waterhouse-at-South-Bund-NeriHu-China_05.jpg)
Inside world festival of interiors is taking place on the third floor of the Centro de Convenciones Internacionales de Barcelona until 4 November – see all our stories about Inside here, including interviews with the judges on Dezeen Screen.