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Peninsula Palace
Luxurious, centrally located hotel. Doubles from $145; 8 Goldfish Ln., Wangfujing; 011-86-10-8516-2888.

Red Capital Residence
Tiny, posh hotel in a historic home. Doubles from $168; 9 Dongsi Liutiao, Dongcheng; 011-86-10-8403-5308.

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