Philadelphia-bred tycoon Spencer Penrose opened this landmark hostelry in 1918 and it remains one of the country's top resorts under the ownership of magnate Philip Anschutz, who bought it in 2011. The Broadmoor spans 3,000 acres at the foot of Cheyenne Mountain, featuring 779 rooms and three renowned golf courses. Anschutz has looked back to Penrose for guidance as he poured more than $120 million into the resort, renovating the Golden Bee and Broadmoor West, hanging paintings from his heralded art collection on the walls, and adding a bowling alley, while revisiting the founder's mountain properties in the new-for-2013 Ranch at Emerald Valley, an all-inclusive guest ranch 9 miles away. While it's certainly not inexpensive, The Broadmoor's mix of luxury, history, and service make it hard not to recommend. Even if the room rates eclipse your budget, don't pass on a meal here at one of the 19 restaurants, lounges, and cafes, or just a walk around the picture-perfect lake at the center of the resort.