The Caribou Lodge is grouped with the other main tourist hotels about a 10 min walk from central Banff, or use the complimentary pass provided by the hotel on the frequent bus service. If you have a car, there is complimentary parking in the underground garage, and free parking all over the town.
The lobby at the Caribou is huge, but unfortunately the rooms are not. Our top-floor room was barely big enough for the 2 beds (it would have fitted 3 times into our room at Vancouver's Blue Horizon!), but also had a small sideboard and dining set. There was no fridge or, surprisingly, wardrobe, just an alcove with a rail. No wonder the walls and furniture were showing signs of distress, particularly in view of winter sports usage and all that clobber! Also lacking is aircon, just a table fan provided for those hot summer nights. Having said all of that, we did enjoy a very comfortable stay.
The bathroom was probably the smallest we have come across in all our travels, being tucked away under the eaves and so small the door would not fully open. If space is so tight, it would surely be better just to provide a shower, and no bath.
The on-site restaurant is The Keg, and it is excellent. We found the buffet breakfast OK but not particularly sparkling, but in the evening, the meals really are worthwhile, in terms of quality, size, and service. There are also on-site spa and leisure facilities, which we did not sample and cannot therefore comment on. The hotel is heavily used by British tour companies so constant comings and goings, and very often corridors littered with luggage awaiting collection. One evening we looked into the Fox Hotel just a block away, and were surprised to find it almost empty. In contrast, the Caribou was rocking!
Although we enjoyed the Caribou, there are other nearby hotels in the same group we would probably try on another occasion. This time, notwithstanding the small rooms, the Caribou fitted the bill very well.