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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950162-97-000117.txt : 19970222
<SEC-HEADER>0000950162-97-000117.hdr.sgml : 19970222
ACCESSION NUMBER:		0000950162-97-000117
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19970203
FILED AS OF DATE:		19970213
SROS:			NYSE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VAIL RESORTS INC
		CENTRAL INDEX KEY:			0000812011
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
		IRS NUMBER:				510291762
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09614
		FILM NUMBER:		97530212

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 7
		STREET 2:		C/O ANACONDA TOWER
		CITY:			VAIL
		STATE:			CO
		ZIP:			81658
		BUSINESS PHONE:		9708452950

	MAIL ADDRESS:	
		STREET 1:		P O BOX 7
		CITY:			VAIL
		STATE:			CO
		ZIP:			81658
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			BIONDI FRANK
	CENTRAL INDEX KEY:			0001032669
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>DIRECTOR

FILING VALUES:
	FORM TYPE:		3

BUSINESS ADDRESS:	
	STREET 1:		VAIL RESORTS INC
	STREET 2:		PO BOX 7
	CITY:			VAIL
	STATE:			CO
	ZIP:			81658
	BUSINESS PHONE:		9704765601

MAIL ADDRESS:	
	STREET 1:		VAIL RESORTS INC
	STREET 2:		PO BOX 7
	CITY:			VAIL
	STATE:			CO
	ZIP:			89658
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<DESCRIPTION>FORM 3
<TEXT>

                                                 
- ------------------------------
                                                           OMB
APPROVAL
                                                 
- ------------------------------
                                                  OMB Number      
    3235-0104
                                                  Expires:       
April 30, 1997
                                                  Estimated average
burden
                                                  hours per
response ....... 0.5
                                                 
- ------------------------------

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 3

            INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act
of 1934,
       Section 17(a) of the Public Utility Holding Company Act of
1935 or
               Section 30(f) of the Investment Company Act of 1940


=================================================================
===============
1. Name and Address of Reporting Person

Biondi, Jr.             Frank
- -----------------------------------------------------------------
- ---------------
   (Last)               (First)                 (Middle)

Universal Studios Avenue, 100 Universal City Plaza
- -----------------------------------------------------------------
- ---------------
                                    (Street)

Universal City             CA                 91608
- -----------------------------------------------------------------
- ---------------
   (City)               (State)                 (Zip)


=================================================================
===============
2. Date of Event Requiring Statement (Month/Day/Year)


               2/3/97
=================================================================
===============
3. IRS or Social Security Number of Reporting Person (Voluntary)

    ###-##-####
=================================================================
===============
4. Issuer Name and Ticker or Trading Symbol

Vail Resorts, Inc. ("MTN")
=================================================================
===============
5 Relationship of Reporting Person to Issuer
   (Check all applicable)

   [ X ]   Director                             [   ]   10% Owner
   [   ]   Officer (give title below)           [   ]   Other
(specify below)


      
     
- -----------------------------------------------------------------
- ---

=================================================================
===============
6. If Amendment, Date of Original (Month/Year)


=================================================================
===============
             Table I -- Non-Derivative Securities Beneficially
Owned
=================================================================
===============
<TABLE>
<CAPTION>

                                                                 3.
Ownership Form:
                                      2. Amount of Securities     
 Direct (D) or  
1. Title of Security                     Beneficially Owned       
 Indirect (I)       4. Nature of Indirect Beneficial Ownership
   (Instr. 4)                            (Instr. 4)               
 (Instr. 5)            (Instr.5)                              
- -----------------------------------------------------------------
- -------------------------------------------------------------------
   <S>                                   <C>                      
  <C>                  <C>

Common Stock                               32,300                 
   D
- -----------------------------------------------------------------
- -------------------------------------------------------------------
Class A Common Stock                           0
- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

=================================================================
===================================================================
</TABLE>
Reminder: Report on a separate line for each class of securities
beneficially
owned directly or indirectly.

                           (Print or Type Responses)


<PAGE>


FORM 3 (continued)

              Table II -- Derivative Securities Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible
securities)

=================================================================
===============
<TABLE>
<CAPTION>
                                                                  
                                     5. Owner-
                                                    3. Title and
Amount of Securities                      ship
                                                       Underlying
Derivative Security                      Form of
                         2. Date Exercisable           (Instr. 4) 
                                        Derivative
                            and Expiration Date    
- ---------------------------------    4. Conver-        Security:
                            (Month/Day/Year)                      
        Amount           sion or        Direct      7. Nature of
                         ----------------------                   
        or               Exercise       (D) or         Indirect
                         Date       Expira-                       
        Number           Price of       Indirect       Beneficial
1. Title of Security     Exer-      tion                          
        of               Derivative     (I)            Ownership
   (Instr. 4)            cisable    Date            Title         
        Shares           Security       (Instr.5)      (Instr. 5)
- -----------------------------------------------------------------
- -------------------------------------------------------------------
<S>                      <C>        <C>             <C>           
        <C>           <C>            <C>            <C>

Option to Purchase                                  Common Stock  
             0
- -----------------------------------------------------------------
- -------------------------------------------------------------------
Option to Purchase                                  Class A Common
Stock        0
- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

- -----------------------------------------------------------------
- -------------------------------------------------------------------

=================================================================
===================================================================
</TABLE>
Explanation of Responses:



/s/ Frank Biondi, Jr.                                         
2/6/97
- ---------------------------------------------           
- -----------------------
      **Signature of Reporting Person                            
Date

**   Intentional misstatements or omissions of facts constitute
Federal Criminal
     Violations.

     See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be
manually signed.
       If space provided is insufficient. See Instruction 6 for
procedure.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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