Vail Resorts Inc - MTN- Profile

Vail Resorts, Inc.. The Group's principal activity is to operate resorts in North America through its subsidiaries. The Group operations are carried through three business segments: Mountain, Lodging and Real Estate. The Mountain segment owns and operates five premier ski resort properties that provide a comprehensive resort experience throughout the year to a diverse clientele. The Lodging segment owns and manages a collection of luxury hotels, a destination resort at Grand Teton National Park and a series of strategic lodging properties located in proximity to the Group's ski resorts. The Real Estate segment holds, develops, buys and sells real estate in and around the resort communities. Mountain segment accounted for 74% of fiscal 2006 revenues; Lodging, 19% and Real Estate, 7%