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Vail Resorts Appoints Michael Barkin as Executive
Vice President and Chief Financial Officer

BROOMFIELD, Colo., March 12, 2013 -- Vail Resorts (NYSE:MTN) today announced the appointment of Michael Barkin to the role of executive vice president and chief financial officer of the Company, effective April 8, 2013. Mr. Barkin joined the Company on July 30, 2012 as vice president of strategy and development. Mr. Barkin will lead the Company's finance and accounting organization, overseeing financial planning and analysis, financial reporting, treasury, tax, procurement, internal audit and investor relations. In addition, he will continue to lead the Company's strategic development efforts and will have oversight for the Company's real estate division.

"We are pleased to have someone with Michael's broad-based business experience, analytic acumen and financial skills join the Company's executive leadership team," said Rob Katz, chairman and chief executive officer of the Company. "Michael has already had a critical impact on the Company's strategic development activities and I am confident that under his leadership, we will continue our strong track record in our financial and accounting efforts."

Prior to joining Vail Resorts, Mr. Barkin was a principal at KRG Capital Partners, where he was a member of the investment team since 2006. In that capacity he was responsible for managing new acquisitions and had portfolio company oversight across multiple sectors. Prior to KRG, he worked at Bain Capital Partners and Bain & Company. Mr. Barkin holds an economics degree from Williams College and a master of business administration from the Stanford Graduate School of Business. Mr. Barkin is a Colorado native and lifelong skier.

About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resorts of Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Afton Alps in Minnesota and Mt. Brighton in Michigan; and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties. 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 and consumer website is


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Also See: Vail Resorts Chief Financial Officer, Jeff Jones, to Retire at End of Year / August 2012

Vail Resorts Appoints Michael Barkin as Vice President of Strategy and Development / July 2012

Vail Resorts to Acquire Kirkwood Mountain Resort in Lake Tahoe, California; Adding a Third Resort to its Tahoe Region Portfolio / February 2012

Vail Resorts Reorganizing Lodging Division; Will No Longer Seek to Add New RockResorts Properties Outside of its Mountain Resorts; Staff Reductions Anticipated / December 2011

RockResorts, a Subsidiary of Vail Resorts, and Owners of the Tempo Miami Hotel Mutually Agree to Terminate Management Agreement for Property / September 2011

Vail Resorts Enters Franchise Agreement Bringing the DoubleTree by Hilton to Breckenridge, Colorado; Currently the Great Divide Lodge, Property to Undergo Conversion and will Rebrand as DoubleTree by Hilton Breckenridge / July 2011

Vail Resorts Names Kirsten Lynch as Chief Marketing Officer / June 2011

Vail Resorts Names Paul G. Toner Senior Vice President & Chief Operating Officer of RockResorts and Vail Resorts Hospitality / September 2009

RockResorts and Vail Resorts Hospitality Names Paul Toner as Vice President of Sales and Marketing / February 2008

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