A photo is doing the email circuit, showing a bathroom that men who don't enjoy being watched as they 'go about their business' might not want to use. Yes, it is a real bathroom. It's located on the second floor of the Sofitel Hotel in Queenstown, New Zealand. Here's from a press release about the bathroom:

Queenstown photographer Sheena Haywood shot the images of models from local agency Ican -- after Auckland model agencies turned down the job when they heard where the images were going to be placed. “We had a lot of fun with the shoot, made all the better for the fact that there weren't any men there when we did it,” said Sheena.

The general manager of the hotel commented that "he was now under pressure from those of the female persuasion to decorate the neighbouring women's toilets with something equally eye-catching."