-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 AI3nIRpO3XMcAeA7bg/KzvGz4tKbxtwD5o8T+9iGmI9xGthxfbcAULt3kJC2O7Ai
 0umKy1fAT72mDMJ9woTPuQ==

<SEC-DOCUMENT>0000950162-97-000979.txt : 19971210
<SEC-HEADER>0000950162-97-000979.hdr.sgml : 19971210
ACCESSION NUMBER:		0000950162-97-000979
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19971113
FILED AS OF DATE:		19971209
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:			0731

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		
		SEC FILE NUMBER:	001-09614
		FILM NUMBER:		97734803

	BUSINESS ADDRESS:	
		STREET 1:		137 BENCHMARK ROAD
		STREET 2:		C/O ANACONDA TOWER
		CITY:			AVON
		STATE:			CO
		ZIP:			81620
		BUSINESS PHONE:		9708452950

	MAIL ADDRESS:	
		STREET 1:		137 BENCHMARK ROAD
		CITY:			AVON
		STATE:			CO
		ZIP:			81620
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			MANDEL JAMES S
	CENTRAL INDEX KEY:			0001032679
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		4

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>4
<SEQUENCE>1
<FILENAME>000095016297000979-001-seq1-4.txt
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
</DOCUMENT>
</SUBMISSION>