Telluride is a bastion of summer festivals saluting everything from mushrooms to bluegrass. Plus, it's nearly as worthy of celebration in summer as in winter, when its captivating box-canyon setting is tinted sandy brown and green rather than white. But as popularity often dictates, hotel rates don't drop as much, especially during the annual Bluegrass Festival, June 17-20 this year. Best Beds The Inn at Lost Creek is routinely ranked as one of the finest ski lodges in the United States. A one-bedroom suite will set you back $575 in February. Come July, the same unit runs $340-not inexpensive, but still a 40 percent drop(888-601-5678; innatlostcreek.com).
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