Bring your Cayman bank account and Telluride is great.
Lacking a large budget, you can visit several mid range places from traditional Mexican at Tequila's or Bioregional slowfood (hippie) Mexican at Cocina de Luz. Burger and fries joints abound while bistros clatter your meal up in no time.
A very nice treat at a higher level would be the Chophouse, it is where all the line cooks go for a night out. La Marmot makes for a refined dinner with a Prix Fixe` format. Allreds is the premeir restaraunt for a spectacular dinner.
SIAM offers excellent Thai cusine for a midrange price but Honga's and Pescado sushi and Asain fusion goods can run up a three digit tab before you can order another tuna roll.
There are a lot of other mid budget places, The Brown Dog is a sports bar with the best pizza in the country(the 313 Detroit style won the best at the Orlando Pizza show)
These are mere highlights of the food offered and these don't include the Mountain Village, note there are maybe two low budget places that are not all that cheap, the supermarket delis being a good call on the right day/time.
To get a soak, Ridgway and Ouray are about 45-60 minutes away by car, the vapor caves are at the Weisbaden in Ouray. Orvis in Ridgway is clothing optional. Otherwise the Peaks has a fine spa.
There is a live music scene as varied as any other resort, ask your booking agent what events are happening during your trip, theater and opera are on tap regularly.
Telluride has a long tradition of drinking, and the bars host a large segment of the population who don't get out of bed before noon so if that is part of your resort preference there are many different stops on a pub crawl.
Let me know if you want to ride a lap or two on the hill with me.