NORTHSTAR-AT-TAHOETM RESORT NOW OPEN FOR SKIING AND RIDING

TRUCKEE, Calif. – Nov. 19, 2010 – Northstar-at-Tahoe Resort, recently ranked among the top 10 resorts by the readers of Transworld SNOWboarding and among the top 15 in the nation according to the SKI magazine reader poll, opened for skiing and riding for the winter 2010-2011 season today.

Early season snowfall and consistently cold temperatures have allowed Northstar® Resort to run North Lake Tahoe’s largest snowmaking system, creating some of the best early season skiing and riding conditions around the Lake. The National Weather Service forecast calls for a storm system to move into the area tonight, with the possibility significant snowfall accumulations over the weekend.

The resort kicked off the season operating four chairlifts that provide access to six beginner and intermediate ski trails. The Big Springs Express Gondola, Arrow Express, Vista Express and The Big Easy quad chairlifts are now operating daily from 8:30 a.m. to 4 p.m. A variety of terrain park features including boxes and rails are set up for freestyle enthusiasts to enjoy, and early season lift tickets are available for $55 for adults and young adults, and $25 for children ages five through 12 (under five ski for free).

Ski and snowboard lessons are offered for adults and children through the resort’s Ski & Snowboard School. Rental and demo equipment is available, and food and beverage locations at mid-mountain are open. Shopping, dining and ice skating (weather permitting) in the Village at Northstar have also resumed daily operations.

For those interested in skiing and riding all season long, the Heavenly/Northstar Season Pass is available for purchase through December 19, 2010. For just $379, passholders will have access to Heavenly, Northstar-at-Tahoe Resort, and for this season only, Sierra-at-Tahoe Resort (blackout dates apply).

Every day from November 28 through December 17, Northstar Resort invites first-timers ages 13+ to learn to ski or ride for just $49. This offer includes an all day (six hour) lesson, all-day lift ticket accessing beginner terrain and rental equipment. This package can be purchased online at www.NorthstarAtTahoe.com <http://www.NorthstarAtTahoe.com> , or on-site at the resort’s rental equipment shop, and is available on a first-come, first-serve basis.

Guests are encouraged to book their ski/ride getaway to Northstar-at-Tahoe Resort and stay for just $115 per person, per night (based on double occupancy). This offer includes two lift tickets per room, per night, some restrictions apply. For more information or reservations, visit www.NorthstarAtTahoe.com <http://www.NorthstarAtTahoe.com> or call 1.800.GO.NORTH (466.6784).

And, for those who haven’t yet made Thanksgiving weekend plans, in addition to early season lodging specials, Northstar-at-Tahoe Resort will offer live music on the Village Stage next Friday, Saturday and Sunday afternoons, as well as free roller skating and complimentary evening valet parking service from 5 p.m. to 10 p.m. Thursday through Sunday nights of the holiday weekend. Thanksgiving Day dinner reservations will be accepted at Baxter’s Bistro & Lounge, featuring a multi-course menu, and at The Ritz-Carlton, Lake Tahoe. Holiday take-out will be available from Earthly Delights in the Village at NorthstarTM.

The resort’s scheduled winter season is November 19, 2010 through April 17, 2010, weather and conditions permitting. For the latest snow conditions, upcoming event information, and opening day updates for Northstar Resort, visit www.NorthstarAtTahoe.com <http://www.NorthstarAtTahoe.com> or call 530.562.1330.

About Northstar-at-Tahoe Resort
One of the finest year-round mountain resorts in North America, Northstar Resort is host to a base area village featuring more than 35 unique shops and restaurants, a conference center, 9,000 square foot skating rink, on-site lodging, special events and more. A winter sport enthusiast’s paradise, Northstar Resort offers 93 ski trails spread across 3,000 acres, award-winning terrain parks and snow sports including alpine and Telemark skiing, snowboarding, cross-country skiing, snowshoeing, biathlon and tubing. Summer activities include mountain biking, golfing, scenic lift rides for sightseeing and hiking, horseback riding, fly-fishing and more.

Northstar-at-Tahoe Resort is located on Highway 267, just six miles north of Lake Tahoe and six miles south of downtown Truckee. For more information, call 1.800.GO.NORTH (1.800.466.6784) or visit www.NorthstarAtTahoe.com <http://www.NorthstarAtTahoe.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 of Vail, Beaver Creek, Breckenridge and Keystone mountain resorts in Colorado, Heavenly Mountain Resort and Northstar-at-Tahoe Resort in the Lake Tahoe area of California and Nevada, and the Grand Teton Lodge Company in Jackson Hole, Wyo. 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 <http://www.vailresorts.com> and the consumer website is www.snow.com <http://www.snow.com> .