The Bow View Lodge (BVL) is located directly behind the Banff Park Lodge (BPL). The Bow View is the economy version of the BPL and all the amenities of the BPL are available to guests of the BVL, i.e. pool, spa, fitness room, bars, etc. we booked online with the hotel, but on arrival, my wife ("who has more nerve than Dick Tracy"), asked for the Expedia price, and because the water was to be turned off the next day for maintenance, the lower price was given. Even without the lower price the BVL is a great deal. I feel that it is even better located then the hotels I usually stay at on Banff Avenue. We spent 2 nights, January 10 & 11, and will stay here again on our next visit. We had a river view room which due to the hotels orientation to the Bow River probably was a better view than those offered by the Banff Park Lodge (although I cannot be certain).
The only 2 slightly negative points were: the water had to be off for maintenance one day (though bottled water was supplied and the water was back on by ~ 5 pm), and the outdoor parking, as opposed to the indoor underground parking at the BPL.
Overall the Bow View Lodge is a good value with an adequate room and a good location, what more could you ask for!
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC