Budget
Beijing Houhai Courtyard Guest House
One of the most charming old-Beijing style courtyard inns, located in Sanbulao Hutong in Houhai, about 20 minutes walk from the subway. It is only 5 minutes by foot to the Houhai Lake. They provide free services such as tours of the hutongs, tea, wireless internet access, satellite TV & DVD access, usage of kitchen, baggage deposit. The staff speak enough English to get by, and there is parking as well. Internet on their computer is ¥5 per hour and a map of Beijing in English & Chinese is ¥8.
Beijing Join Inn
This hostel is located within the popular Xinjiekou district close to the city center. In one of Beijing's hutongs, the hostel is close to key bus and subway services, making sightseeing relatively simple. This place has a great family/chilled out vibe.
Red Lantern House
This hostel is spread over three buildings, but all have a good reputation. The "West Yard" is a beautiful courtyard house with indoor and outdoor areas for socialising. It has a great friendly atmosphere. The courtyard at this hostel's center is a great place to hang out, talk to new friends or just sit by yourself and read. Located in a hutong. They offer airport pickup for ¥160.
Baitayuan Guest House
Traditional courtyard hotel located in a hutong. Internet, bicycle hire, safety boxes, fridge, laudry facilities and swimming pool available.
Beijing Lotus Hostel
Hostel located in traditional courtyard with a nice ancient Beijing feel. Nice common area for meeting other people. Toilets and showers are not good. Internet, bike hire, pool table, safty boxes and laundry facilities available. Restaurant and bar.
Beijing Zhongyou Hotel
Three star hotel. Rooms some quite small with internet against surchage. Business center, beauty salon, ticket office, laundry service, karaoke and table tennis available. Chinese restaurant, coffee shop and room service.
Midrange
Bamboo Garden Hotel
A stone's throw from Houhai, this is one of the most interesting hotels in Beijing. It located in a large complex of courtyards, was residence of Sheng Xuanhuai, a Qing Mandarin, and later was home to Kang Sheng, head of the secret police of Communist China.
Beijing HWA (Apartment) Hotel
This four-star hotel is near SOGO Department Store, Oriental Plaza, and Tiananmen Square. It offers air-conditioned rooms, each features a contemporary European design. It also has a Banquet hall that can accommodates 50 persons. You can also check out their rooftop garden, indoor swimming pool, and sauna.
Top end
The Apartments on Financial Street
This five star hotel is only 4 km from the city center and 8 km to the railway station. It is located near the Xidan Business District, Parkson Department Store, and Golden Tree Street. It has 245 air-conditioned suites, all of which have a living room, private toilet and bath, cable TV, a safe, and hair dryer. Some of their facilities includes an indoor swimming pool with artificial sand beach, outdoor tennis court, a health club, jacuzzi, and sauna.
Presidential Plaza Hotel
The hotel was built in 2000 and offers the latest in state-of-the-art facilities. There are 486 rooms: Deluxe Room, Superior Room, Suite, etc.
ACFTU Hotel
Four star hotel with rooms with internet access against surcharge. Business center, gift shop, beauty salon, ticket office, disco, karaoke, pool, table tennis and fitness available. Chinese and Western restaurants, as well as coffee shop, bar and room service.
Jing Ding Hang
This is a real estate company that renovated several ancient houses in the legendary hutongs around Houhai Lake just behind the Forbidden City and Tiananmen Square, and rented them out during the Olympics.