A city landmark since 1900 and ideally situated where upscale Chang'an Avenue and the ever-popular Wangfujing bazaar area meet, the Beijing Hotel (Beijing Fandian) stands right in the heart of the city, just a few minutes' walk from the Forbidden City and Tian'anmen Square. Serving as venue for many significant political and cultural events, this Beijing hotel has become one of Beijing's most distinguished addresses and made history again when it served as the headquarters for the International Olympic Committee in 2008. The Beijing Hotel has been presented with the "Five Star Diamond Award," one of the industry's most prestigious awards, several times by the American Academy of Hospitality Sciences.