In reply to Adam Tatlock:
I've been a couple of times and stayed in Canazei - it's well placed for access to the Sella, Pordoi, Sassolungo group, Rosengarten/Catinaccio (inc. Vajolet Towers) and Marmolada, with Hexenstein, Falzarego and Cinque Torri all reachable too - as well as some sport and VF too if that's your thing. Both times I was part of a group and we stayed in self-catering accommodation, which I found through the local tourist office (www.fassa.com). There's an accommodation serach function, just input dates and party size, or alternatively just email them with your requirements and they'll send you a list of places. Simple SC accommodation was cheap, and the town has a decent range of shops, restaurants etc as well as a new leisure centre if you fancy a break from the climbing.