0000950162-97-000132 3 1 19970203 19970213 NYSE VAIL RESORTS INC 0000812011 7990 510291762 DE 0930 3 34 001-09614 97531200 P O BOX 7 C/O ANACONDA TOWER VAIL CO 81658 9708452950 P O BOX 7 VAIL CO 81658 APOLLO SKI PARTNERS L P 0000916148 0000 OWNER 510343250 DE 1231 3 C/O APOLLO ADVISORS LP 1999 AVENUE OF THE STARS SUITE 1990 LOS ANGELES CA 90067 914-694-80 3 1 000095016297000132-001-seq1-3.txt FORM 3