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Ski-In, Ski-Out Crystal Peak Lodge Becomes Luxurious Cornerstone of Breckenridge Resort’s New Peak 7 Base Village
•           Skier Services available by Thanksgiving

•           Crystal Peak Lodge to donate $10,000 to  the Summit Foundation in honor of the opening

FOR IMMEDIATE RELEASE
 
Ski-In, Ski-Out Crystal Peak Lodge Becomes Luxurious Cornerstone of Breckenridge Resort’s New Peak 7 Base Village
 
•           Skier Services available by Thanksgiving
•           Crystal Peak Lodge to donate $10,000 to the Summit Foundation in honor of the   opening
 
Attention Media:  Check presentation will take place during a VIP event this evening from 4-6 p.m. at Crystal Peak Lodge.  Interview opportunities include: Lee Zimmerman, Executive Director of the Summit Foundation; Lucy Kay, VP/COO Breckenridge Ski Resort; Alex Iskenderian, VP Vail Resorts Development Company and Stan Brown, president of RockResorts and Vail Resorts Hospitality
 
BRECKENRIDGE, Colo. — Nov. 21, 2008 — One of the most popular ski and snowboard resorts in North America, Breckenridge Resort, Colo., is unveiling a new base village area this winter that features luxurious ski-in, ski-out accommodations and skier services. Crystal Peak Lodge, now open, is the centerpiece of Breckenridge Ski Resort’s new Peak 7 base village, which will have full skier services up and running by the Thanksgiving holiday, including a ski and ride school product sales, a rental and retail shop, and lift ticket services.
 
The lodge and the new base village buildings are located steps from both the high-speed, six-passenger Independence SuperChair and the BreckConnect gondola, providing quick access to both the idyllic, rolling trails of the mountain’s famed Peak 7 terrain and the historic character and vibrancy of the town’s Main Street.
 
To celebrate the lodge’s opening, Crystal Peak Lodge and Vail Resorts Development Company will make a $10,000 donation today to The Summit Foundation to demonstrate Vail Resorts’ continued commitment to maintaining the unique qualities that define this special town. The Summit Foundation is dedicated to improving the quality of life for residents and guests of Summit County by supporting nonprofit organizations in the Breckenridge community that foster art and culture, health and human services, education, environment, scholarships, and sports and recreation. 
 
Crystal Peaks Lodge’s 45 condominium units are configured in one-, two-, three- or four-bedroom suites with full kitchens, living rooms, a gas fireplace, a private balcony boasting expansive mountain views, and high-end finishes and craftsmanship.
 
“We are excited to have such a luxurious new property as Crystal Peak Lodge join the Vail Resorts Hospitality collection,” said Stan Brown, president of RockResorts and Vail Resorts Hospitality. “Crystal Peak Lodge is located in one of Breckenridge’s most coveted settings and with such incredible access to both the mountain and the town; it is destined to become one of the most desired places to stay.”  
 
Crystal Peak Lodge Facts:
•           45 ski-in, ski-out residences at the base of Breckenridge’s Peak 7
•           Located steps from the new six-passenger Independence SuperChair and the BreckConnect Gondola
•           One- to four-bedrooms, ranging in size from approximately 784 to 2,211 square feet
•           Lift tickets, ski and ride school, ski rental and retail shop and fine dining in the Peak 7 base village
•           For more information, visit www.crystalpeaklodge.com
 
Crystal Peak Lodge is now taking reservations for the 2008-2009 winter season. Call 800-800-STAY for reservations or visit www.breckenridgehospitality.com.
 
About Vail Resorts Hospitality
Vail Resorts Hospitality is comprised of the RockResorts collection of luxury hotels, Grand Teton Lodging Company in Jackson Hole, Wyo., and a number of owned or managed independently-flagged hotels including the Vail Mountain Marriott Resort & Spa in Vail, Colo.; Austria Haus Hotel in Vail, Colo.; The Great Divide Lodge in Breckenridge, Colo.; Breckenridge Mountain Lodge in Breckenridge, Colo.; Village Hotel in Breckenridge, Colo.; The Inn at Keystone in Keystone, Colo.; and Ski Tip Lodge in Keystone, Colo.  Vail Resorts Hospitality also manages approximately 2,000 condominium properties across the country with a concentration in the base villages of Vail Resorts’ five mountain resorts.    
 
About Vail Resorts Development Company
As a subsidiary of Vail Resorts, Inc., Vail Resorts Development Company designs, builds and manages the Company's luxury communities, private ski clubs, golf courses, retail spaces, and employee housing.  Projects in various stages currently exist in the Colorado ,Òmountain resort communities of Beaver Creek  and Vail, as well as inÒBreckenridge, Keystone Jackson, Wyoming. The Vail Resorts Development Company website is www.vrdc.com.
 
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Media Contacts:
Kathryn Wohlschlaeger, 303-404-6466 or kwohlschlaeger@vailresorts.com
Kristen Petitt, 970-453-3210 or kpetitt@vailresorts.com

About Vail Resorts
Vail Resorts, Inc. 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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