I go to Banff with my friends, my family or my girlfriend, and I do so quite often. Fox hotel is the best one in the $100-$200 per night range. They have smaller rooms, but they are very cozy, well furnished, and are always clean! The best part is the "hot springs" cave, basically a very unique take on a hot tub and also very cozy. A sauna and a very cold shower are also in the cave. Always very relaxing, especially after a day of snowboarding or skiing. The location of the hotel is very central as well, walk to restaurants, shops, clubs. The fact that Chili's Texas Grill is in the lobby is a big bonus. The breakfast is usually very good, and if you want to have lunch or dinner - it's right there. I always recommend this hotel and most people love it, and I'm sure you will too! Stay here and enjoy Banff and the beautiful surroundings!!