UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A

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the Securities Exchange Act of 1934

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VAIL RESORTS, INC.
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VAIL RESORTS, INC.
** IMPORTANT NOTICE **
Regarding the Availability of Proxy Materials

You are receiving this communication because you hold shares in the above company, and the materials you should review before you cast your vote are now available.

This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting.

         VAIL RESORTS LOGO

Stockholder Meeting to be held on 12/05/08

Proxy Materials Available

•
Notice and Proxy Statement

•
Annual Report

PROXY MATERIALS—VIEW OR RECEIVE

You can choose to view the materials online or receive a paper or e-mail copy. There is NO charge for requesting a copy. Requests, instructions and other inquiries will NOT be forwarded to your investment advisor.

To facilitate timely delivery please make the request as instructed below on or before 11/24/08.

HOW TO VIEW MATERIALS VIA THE INTERNET

Have the 12 Digit Control Number(s) available and visit: www.proxyvote.com

HOW TO REQUEST A COPY OF MATERIALS

1) BY INTERNET   -   www.proxyvote.com
2) BY TELEPHONE   -   1-800-579-1639
3) BY E-MAIL*   -   sendmaterial@proxyvote.com
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See the Reverse Side for Meeting Information and Instructions on How to Vote

Meeting Information

Meeting Type:   Annual
Meeting Date:   12/05/08
Meeting Time:   9:30 A.M. MST
For holders as of:   10/08/08

Meeting Location:

1099 Red Sky Road
Wolcott, CO 81655

Meeting Directions:

For Meeting Directions Please Call:
303-404-1819

How To Vote

PERSON   Vote In Person
Many stockholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the Meeting you will need to request a ballot to vote these shares.

INTERNET
 
Vote By Internet
To vote now by Internet, go to WWW.PROXYVOTE.COM.
Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 P.M. Eastern Time the day before the meeting date. Have your notice in hand when you access the web site and follow the instructions.

Voting items

The Board of Directors Recommends a Vote "FOR" Items 1, 2, 3 and 4.

1.   Election of directors

 
 
Nominees:
 
 
 
 

 
 
01) Roland A. Hernandez
 
06) Joe R. Micheletto
 
 
    02) Thomas D. Hyde   07) John T. Redmond    
    03) Jeffrey W. Jones   08) John F. Sorte    
    04) Robert A. Katz   09) William P. Stiritz    
    05) Richard D. Kincaid        

2.
 
Approve the material terms for payment of our executive incentive compensation

3.
 
Ratify the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm

4.
 
In the discretion of the persons named as proxies in this Proxy, transact such other business as may properly come before the meeting or any adjournment thereof.