Originally Posted by
moondog
It changed its name to the Peninsula a few years ago.
As for the OP, I would advise him to stay near Sanlitun. I'm not too into the Opposite House myself, but it doesn't get more any more Sanlitun than that.
My suggestions: Westin (cash + points) or Kunlun.
I saw Grace Beijing which is offering 40% off their rates for 21 day advance purchase, but The Opposite House looks great.