[3] The hotel was constructed and initially owned by the People's Liberation Army General Staff Department, who transferred their shares to China Everbright Group in 1999.

The first stores in Mainland China for Louis Vuitton, Chanel & Hermès opened in the hotel's shopping arcade during the 1990s.

The guest rooms were redesigned to include proprietary in-room technology that was, at the time, unique for a hotel in Beijing.

Since its opening in 1989, The Peninsula Beijing has hosted a range of prominent visitors.

In 1990, Yang Shangkun, then the President of the People's Republic of China visited the hotel for an inspection.