Access to the Mount Revelstoke National Park Summit Trail is found two blocks away, and other area hikes start within a 15 minute walk. The resort town is a nice place to explore, too. Leave Banff by Greyhound early in the morning, and spend the afternoon and evening enjoying the Revelstoke area. In the winter, the Traveller's Hostel offers incredibly inexpensive ski packages. Check out its web site for details.
Slopes are ten minutes away.
As with all these Canadian Rockies routes, book accommodation well ahead of time to avoid hassles. All coach travellers, too, should include Greyhound USA's Highway 101 route between Portland, Oregon, and San Francisco, which travels via the Oregon coast and Redwood National Park, a fantastic trip, one of the most scenic in North America. Except perhaps for mid-Summer and probably even then, this works best southbound with an overnight stop midway in order not to miss wonderful scenery after dark. Happily, Greyhound stops at the Redwood Hostel , just north of Redwood National Park, midway between Portland and San Francisco. Even if pressed for time, try to fit in at least two nights here, if travelling between early April and late October, in order to have time for some hiking along the coast and in the redwood forests, just outside the hostel door.