We stayed at both the Grand Imperial and the Triangle Hotel with a group of 4. Grand Imperial was cheaper ($60) for two beds and a shower in a single room. But the Triangle was a better value I thought. Two seperate rooms, and a kitchen and living room area for $100. The extra $40 was worth having the option to cook our own dinner, since the dining options in Silverton aren't always the greatest. We were there for New Years Eve, and it was definitely a hard drinking town. The mountain is sick... I would not stay in Ouray...except maybe on the way out of town since they have nice vapor caves and springs in a bunch of hotels.