HI-Lake Louise Alpine Centre
A large hostel in the town. There is a cafe at the hostel. In winter, dorm beds from $27 non-member $31, private rooms from $78 non-member $86. In summer, dorms from $34 non-member $38, private rooms from $99 non-member $112. Ski packages are available. Pets not allowed.
Chateau Lake Louise
One of Canada's grand old hotels, the Chateau is the only option if you want to stay right at the lake, but be warned - the chateau is luxurious, but extremely expensive. If you have the money, it is worth it for the beautiful surroundings and the clear crisp mountain air.
The lake is approximately an hour's drive from Banff, where a much wider variety of accommodations are available.
HI-Mosquito Creek Hostel
It is a simple, rustic but clean hostel, in the middle of the Rockies at 1816m along the glacier-fed creek, offering a true back-to-nature "off-the-grid" Canadian experience. World-class outdoor pursuits are literally at your doorstep here, with an on-site sauna to soothe weary muscles at the end of the day! Pets not allowed.
HI-Castle Mountain Wilderness Hostel
A small hostel about halfway down the road towards Banff, and offers a very laid back atmosphere. The facilities are excellent, with a sizeable kitchen, friendly atmosphere and beautiful surroundings. Reservations are required during the winter months, as closure dates may apply, and recommended during the summer months to ensure a bed. Dorm beds from $23, with a $4 surcharge for non-members, ski packages available. Pets not allowed.