Hey Lauren,
The hot springs in town are fun, but unless one is really in to hot springs, it's a one time thing for most folks. However...
H E R E is an interesting place to consider staying, looks like reasonable rates, and there's some hiking info on their website.
And
H E R E is a resource I've used before (alltrails.com) to evaluate hiking trails, since there are so many up here in northern Colorado.
And
H E R E is another resource for day hikes in and around the Pagosa Springs area.
Looks like there could be enough to keep you busy for a bit!!:D
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