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Colorado’s Popular Season Ski Passes –The Colorado Pass™ and The Summit Pass™ - Go on Sale Today at Last Spring’s Prices
  • Renewals for The Colorado Pass™ and The Summit Pass™ begin today, April 1, 2009, at www.coloradopass.com with new sales for The Colorado and Summit passes set to begin April 10, 2009 at select Front Range locations
  • Just $49 down now secures next winter’s season passes at the guaranteed lowest prices
  • The Vail Resorts 5th and 6th grade School of Shred program will return for the 2009-2010 season, providing Colorado 5th and 6th graders four free days of skiing at each of the state’s most popular resorts - Vail, Beaver Creek, Breckenridge and Keystone. Registration for this program begins in the fall.
  • Lowest Guaranteed Price of $579 for the Epic Season Pass Offered through April 9

BROOMFIELD, Colo. – April 1, 2009 – Vail Resorts, Inc., (NYSE:MTN) announced that its popular Colorado season ski pass products for the 2009-2010 ski and snowboard season will go on sale today at last spring’s prices - $439 for The Colorado Pass™ and $399 for The Summit Pass™ - (adult pricing) through May 10, 2009. Renewals of the passes begin today at www.coloradopass.com with new sales for The Colorado and Summit passes set to begin April 10, 2009 at select Front Range locations.

The announcement to roll back season pass prices to the spring rates for The Colorado Pass™ and The Summit Pass™ follows on the heels of the March 11, 2009 announcement to offer the 2009-2010 unlimited, unrestricted Epic Season Pass at last spring’s prices of $579 for adults and $279 for children.

Today, the Company also confirmed the return of its free skiing program, The School of Shred, for Colorado 5th and 6th grade students. The Vail Resorts School of Shred program provides four free days of skiing at each of the state’s top-ranked resorts of Vail, Beaver Creek, Breckenridge and Keystone for the 2009-2010 season. Registration for The School of Shred program begins in the fall.

“We recognize these are challenging times for many of our guests, which is why it’s so important that we make it easier for our guests to enjoy another ‘Epic’ ski or snowboard season by rolling back the prices for all of our passes – The Colorado, Epic and Summit passes - for the 2009-2010 season,” said Heidi Kercher-Pratt, vice president of corporate marketing for Vail Resorts. “Our focus continues to be on providing the best value to our most valuable guests.”

Kercher-Pratt recommends that guests act now since these low prices are guaranteed for a limited time – Colorado and Summit pass pricing is guaranteed through May 10, 2009 and Epic Pass pricing of $579 for adults and $279 for children is guaranteed through April 9, 2009. To help even further, Vail Resorts is giving guests the option to lock in these low prices with only a $49 down payment per pass with the remainder of the balance due in September, 2009.

The following are Vail Resorts’ season pass products for the 2009-2010 ski and snowboard season:

The Colorado Pass™
The Colorado Pass™ offers unlimited access at Breckenridge, Keystone and Arapahoe Basin with no restrictions, plus 10 days at Vail and Beaver Creek with restricted dates.* The Colorado Pass™ is offered at $439 for adults, $329 for teens, ages 13-18 and $209 for children, ages 5-12. The price of The Colorado Pass™ has been rolled back to last spring’s pricing and is guaranteed through May 10, 2009.

The Summit Pass™
The Summit Pass™ provides unlimited lift access at the top Summit County resorts - Breckenridge, Keystone and Arapahoe Basin - with no date restrictions at $399 for adults, $309 for teens and $199 for children. Prices are guaranteed through May 10, 2009.

The Epic Season Pass™
The Epic Season Pass™ is an “unreal deal” at $579 for unlimited, unrestricted skiing and snowboarding at Vail, Beaver Creek, Breckenridge, Keystone and Arapahoe Basin in Colorado and Heavenly in South Lake Tahoe, Calif./Nev. The Pass is $279 for children (5-12). Prices are guaranteed through April 9, 2009

All Vail Resorts season passes will continue to utilize the new, state-of-the-art Radio Frequency Technology for an “easy scan” process that gives skiers and snowboarders the option to keep their pass zipped inside their jacket while getting “scanned” in lift lines at Vail, Beaver Creek, Breckenridge and Keystone in Colorado and Heavenly in California and Nevada.

To further sweeten the pot, all Epic, Colorado and Summit pass purchasers for the 2009-2010 season will be invited to become a member of the Colorado Pass Club™ (CPC) and will receive exclusive member-only discounts, freebies and more.

Vail Resorts is offering spring-only benefits for pass purchasers of The Colorado Pass™ and The Summit Pass™ (must purchase by May 10, 2009 in person or renew online by May 31, 2009):

o Lowest guaranteed price
o $49 down pre-purchase option with the remainder of the balance due in the fall
o Four unrestricted $59 lift tickets valid all season at Vail, Beaver Creek, Breckenridge and Keystone. These tickets can be shared with family and friends, or used by the pass holder for additional days at Vail and Beaver Creek and must be purchased at the lift ticket window by the pass holder.
o Free Summer 2010 lift access at Vail, Beaver Creek, Breckenridge and Keystone. (doesn’t include bike haul)
o Unlimited skiing and riding at Vail and Beaver Creek during the month of April, 2010 (for Colorado Pass holders only)
o One-year subscription to SKI Magazine

Other benefits for The Colorado Pass™, The Summit Pass™ and The Epic Pass™ include:

o Half-price lift tickets at Heavenly Mountain Resort, the highest-rated resort at Lake Tahoe, Calif./Nev.
o Six Ski-With-A-Friend tickets, available at a discounted daily rate. Discounts vary throughout the season.
o Automatic enrollment in The Colorado Pass™ Club (CPC). The CPC is the popular rewards program for pass holders with exclusive Front Range deals, freebies, events, discounts, offers and more.

Vail Resorts season passes can be secured at the spring prices for $49 down with the balance of the payment deferred until September 2009.
 
Pass renewals are available online (www.coloradopass.com) beginning today and new passes will go on sale April 10, 2009 through May 10, 2009 at select Front Range locations including Boulder Ski Deals (Boulder), Colorado Ski and Golf (Aurora, Arvada, Colorado Springs and Littleton) and REI (Denver Flagship and Fort Collins), Fridays through Sundays during store hours.

* The Colorado Pass is restricted from use at Vail and Beaver Creek: Nov. 27-28, 2009; Dec. 27-31, 2009; Jan. 1-2, 2010 and Feb. 13-14, 2010.

For more information on Vail Resorts season pass products, visit www.coloradopass.com or www.epicpass.com or call (888) 215-3867.

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Media Contacts:  

Kelly Ladyga, (303) 404-1862, kladyga@vailresorts.com
Amy Kemp, (303) 404-1863, akemp@vailresorts.com

About Vail Resorts
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resort properties at the Vail, Beaver Creek, Breckenridge and Keystone mountain resorts in Colorado, the Heavenly Ski Resort in the Lake Tahoe area of California and Nevada and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties across the United States and the Caribbean. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.

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