0000950162-97-000103 3 1 19970203 19970213 NYSE

VAIL RESORTS INC 0000812011 7990 510291762 DE 0930

3 34 001-09614 97530161

P O BOX 7 C/O ANACONDA TOWER VAIL CO 81658 9708452950

P O BOX 7 VAIL CO 81658

MOCLE WILLIAM L 0001032682 DIRECTOR

APOLLO ADVISORS LP 1301 AVE OF THE AMERICAS NEW YORK NY 10019 2122614000

APOLLO ADVISORS LP 1301 AVE OF THE AMERICAS NEW YORK NY 10019

3 1 000095016297000103-001-seq1-3.txt FORM 3