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The Peaks Resort & Spa Hotel Review: This magnificent resort is surrounded on three sides by 14,000-foot peaks---ergo, its name---and overlooks the quaint, Victorian town of Telluride. Among its guests are serious skiers, equally serious golfers and Hollywood stars. Along with the 174 rooms and suites, there are 15 individually decorated penthouse condominiums located on the upper three floors. An additional 11 private cabins have sweeping mountain views. Some of the many elegant amenities include thick terry robes and slippers, marble bathrooms with dual vanities, and down comforters with linen covers. While parents are enjoying a high-altitude massage at the spa, children can hang out at Kidspa for supervised pampering and play. In the evenings, guests gather in the Great Room for signature martinis and the sunset over Mt. Wilson. Budget-minded folks show up in late spring and late fall when rooms are half-price and there's no wait for spa services.