The hotel is now managed and owned by the Dorchester Collection, organized in 1996 to manage the hotel interests of the Brunei Investment Agency. The west coast regional director for the Dorchester Collection oversees the Beverly Hills Hotel as well as the Hotel Bel-Air. In 2012, the hotel celebrated its 100-year anniversary and began to remodel its lobby, with the Polo Lounge, pool cabanas and Cabana Cafe, and guest-rooms and suites to be renovated by 2014. The hotel was also named the first historic landmark in Beverly Hills in September 2012.