We were in Aspen for only one night and booked here because the price was right. We were in the dorm floor and the bathroom was shared but the room and bathrooms were clean (although no screen in the window) and the breakfast offerings were generous. Throughout the day there are snacks and wine in the afternoon. The location is a couple of blocks north of the city center but everything is walkable. We walked into town for dinner and then out to the Aspen Music Festival.
The staff were very helpful in terms of recommendations for meals and directions.

Initially we booked St Moritz because of the price and location. All we wanted was a place to crash.
And it ended up being the center of our holiday. The lodge had everything we needed, free wi-fi, laudary room, great breakfast, free biscuits rum wine and coffee every afternoon. And popocorn, don't forget the popcorn.
But, as I always say, when one enjoys a holiday, it's not the place, scenery and such, which makes it special, it's always the people. And St Moritz has the greatest team we have ever met.
If you go through my reviews you'll se we stayed at 3, 4 and 5 star hotels. We have never received such considerate and friendly service. It actually was more than service, we made friends. Next year I'm booked for the whole month of February. Exactly the same room we had this year.
One more thing.
This is the first hotel I have decided to stay at twice. And the first ski resort I plant to visit twice (I've been to Queenstown twice because of conveninece, rather than a burning desire).

My experience may have been average because I came alone and took advantage of the shared room situation and I couldn't tell whether my room or my random roommate was smelly. Either way, I had to purchase a scented candle to get by. The best thing about this place is definitely the staff--they are super friendly and informative. One young lady in particular gave me great recommendations for a concert and a spa which I acted on and had an amazing time despite the dismal snowfall last season. Ultimately, if you come to St. Moritz Lodge you have to expect to stay in a older building with minimal renovations (due to the original owners convictions) that has "character." There is no elevator (brutal for carrying heavy ski bags) or high end amenities, just the basics. The management does a good job of adding special touches like breakfast in the morning coffee/cocoa/tea & cookies in the afternoons, and happy hour drinks in the evenings. Parking is really easy and convenient. Walking to the center of town can be a challenge if the roads/side walks are really icy, but its not impossible. Overall, I am satisfied with my stay @ St. Moritz, but given what I paid for a shared room/bathroom (hostel-like situation) I did have a little higher expectations. If I'm just looking for a (relatively) cheap safe/clean place to bunk, I'll def return to St. Moritz, but I won't be disappointed if I can afford to never have to stay there again.

With all of the expensive choices in Aspen, we relied on Trip Advisor and chose the St. Moritz Lodge. It was an excellent choice. The price is great. We got a 2-bed room that opened onto the courtyard and pool. The pillows were a bit flat, but the beds perfectly comfy. There is no air conditioning, but we were able to keep things cool enough in 80F weather. I loved the complimentary wine, lemonade and cookies in the afternoon. The staff was friendly in directing us the quick way to the downtown area (only a few quiet blocks walk) and where and how to get a cheaper meal (Mondays at Jimmy's or ask for the bar menu.)
The other lodge residents were often lounging around the pool/lawn or in the common room. It felt very relaxed and comfortable. We enjoyed the HD TV in the room to watch the Tour de France in July after a day of touring. The property was nice and quiet -- people were conversing, etc. around the pool but were observant of the quiet time of 10 pm. I would definitely stay there again on any trip to Aspen.