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The most deluxe resort on the lake is the $130-million Resort at Squaw Creek, a paradise for skiers, golfers, and tennis players. It's ranked among the top 50 resorts in North America by Conde Nast Traveler. You can't beat the resort's ski-in/ski-out access to Squaw Valley skiing -- in fact, a chairlift lands just outside the door. Don't ski? Don't worry. There are lots of other sports facilities to keep active travelers happy, including 20 miles of groomed cross-country skiing trails (marked for hiking and biking in the summer), sleigh and dogsled rides, an ice-skating rink, and, in summer, a world-class golf course and an equestrian center with riding stables. Particularly good for families, trained counselors lead a "Mountain Buddies" program for kids ages 4 to 13, offering different activities every day. While the standard guest rooms are not particularly spacious, they're well equipped with attractive furnishings, original artwork, and even windows with beautiful views that open to let in the mountain air. Suites come in all different sizes and configurations. Tip: Be sure to ask about the money-saving midweek package deals.

Facilities: 4 restaurants; deli; 4 bars; 3 pools (1 heated); golf course; 2 outdoor tennis courts; health club; region's largest spa; indoor and outdoor Jacuzzis; dry saunas; bike rental; children's program; video arcade; concierge; activities desk; courtesy car; business center; secretarial services; shopping arcade; salon; room service; in-room massage; babysitting; laundry service; same-day dry cleaning.

© 2005, Wiley Publishing, Inc.