Small bathroom reno, or reno to a small bathroom?
I am doing a reno to a small bathroom right now. I will have an open shower and therefore "flush tiling" (so to speak) throughout.
With the size of the bathroom, I am not putting any waterstops in except at the door. Waterproof on top of the screed and fall it all into a linear grate. The biggest consideration in all of this is getting the fall right and you may be limited depending on where the shower is and the total fall to the grate. I have tried to place my linear grate as close to the door as possible so that I don't end up with a 50mm step into the bathroom!
So it depends on your layout. Alternative is to put a waterstop around the shower and depending on layout, possibly have a seperate drain in the bathroom area.