We stayed at the Banff International for three days and loved it. Our family of four had a loft room with three beds. The room was very clean and comfortable for us and the central location of the hotel made visiting downtown Banff very easy. The rooms are not AC'd, but the mountains cool rapidly in the evening and sleeping was easy even after hot days. The entire staff were friendly, from the efficient and polite check-in to the smiling room cleaning staff that say "Good to see you again" when you pass them in the morning.
Our only caution when considering the hotel is the level of noise that creeps into the room from outside. The hotel is not well soundproofed and so you will hear noisy neighbours or people talking as they walk by late at night. But you are in central Banff and should expect the noise such a location will inevitably invite. There is also a train line that you will hear.
We paid $175CDN / night for our loft room. The value can't be beat for a family on vacation in Banff.
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