The approach of the 2008 Olympics has prompted frenzied construction and renovations, giving Beijing visitors more choice, especially at the luxury level, though rates have been steadily climbing. Budget options abound, especially when you get away from foreign-owned chains, and backpackers will find a number of hostels. For luxury the big international chains and Chinese five-stars are no longer the only options, as a number of smaller high-end boutique and designer hotels have found homes in rehabilitated hutong and other pre-war buildings. It's always a good rule of thumb to book in advance, and as the Olympics approach it will become a near necessity.