RockResorts Welcomes Another Warm Weather Destination Into Its Collection With the...

RockResorts Welcomes Another Warm Weather Destination Into Its Collection With
the Addition of Balcones Del Atlantico in the Dominican Republic

BROOMFIELD, Colo., July 13 /PRNewswire-FirstCall/ -- RockResorts
International, LLC announced today it will expand its international hotel
portfolio with the addition of Balcones Del Atlantico, A RockResort, a
beachfront resort in the village of Las Terrenas on the Samana Peninsula of
the Dominican Republic. RockResorts has been selected by Bisono Group to
manage resort operations, offer technical advisory services and provide
marketing licensing services to assist in the sale of the residences for the
property. With an anticipated grand opening this winter season, the resort
will initially feature 86 units. Ideally situated along the sparkling waters
of the white sand beaches, both the RockResorts Spa with four private
treatment cabanas and the three-meal restaurant offering fine dining for
dinner, will allow guests to enjoy some of the most breathtaking views of the
region. Additionally, the resort will feature two pools with a swim-up bar, a
beach bar and grill, fitness center and gourmet deli shoppe. RockResorts, a
resort hotel company headquartered in Broomfield, Colorado, is a wholly owned
subsidiary of Vail Resorts, Inc. (NYSE: MTN).

"We are extremely excited to be adding another Caribbean property to our
growing collection of luxury resorts. Balcones Del Atlantico exemplifies
RockResorts' commitment to offering carefully selected properties in
awe-inspiring settings and iconic locations. In addition, this property
honors the history of RockResorts since the brand was originally created in
1956 by Laurence Rockefeller with a strong focus on the Caribbean market,"
said Rob Katz, CEO of Vail Resorts. "As a Company, we are committed to
providing guests with extraordinary resorts and exceptional experiences and
Balcones Del Atlantico will surely uphold this standard of excellence and is a
perfect complement to our other RockResorts properties in the region and
abroad."

Balcones del Atlantico has been conceived as a resort destination property
that includes units of varying sizes ranging from one to three bedroom suites,
along approximately one kilometer of the most spectacular beach in the
country. Balcones Del Atlantico features an elegant and comfortable design
with a strong emphasis on the outdoor spaces within each unit.

"Since RockResorts has proven to be dedicated to properties that highlight the
unique beauty of their incredible surroundings, they were the ideal choice for
the Bisono Group," said Maximo Bisono, President of Bisono Enterprises,
Tourism Developing Division and head of the Balcones del Atlantico project.
"With white sand beaches and crystal clear water as a setting, Balcones Del
Atlantico is a vibrant reflection of the best the Dominican Republic has to
offer. We look forward to opening what will be considered the best luxury
resort in the Dominican Republic."

The Samana Peninsula is one of the largest tourist destinations in the
Dominican Republic. The Dominican Republic is a country easily accessible
from many major tourist markets and international airports, offering direct
air service from New York, Miami, Boston, Fort Lauderdale, Philadelphia,
Puerto Rico, Panama and many more. In addition, the Samana Peninsula has
been blessed with tremendous natural attractions like the Haitises National
Park, Salto del Limon Waterfalls, Rincon bay, Coson bay (recipient of the Blue
Flag designation) and the village Las Terrenas. Originating from the French
term "La Terrienne" or "The Landlord," Las Terrenas is a former fishing town
in Samana, located on the north coast of the peninsula. Las Terrenas brings
together a myriad of cultures including French, German, Italian and Spanish
influences and offers guests of Balcones del Atlantico additional options for
dining, shopping, nightlife and other activities within a short walk along the
beach.

Balcones del Atlantico, A RockResort, is a master-planned project that will be
developed in a number of phases along the beach, and will eventually consist
of approximately 350 total units, multiple restaurants and bars, two
RockResorts Spas, swimming pools and hot tubs, tennis court, over water
palapas and other guest amenities. Balcones Del Atlantico joins The Landings
St. Lucia as well as other future warm-weather announced RockResorts including
Tempo Miami, Rum Cay Resort Marina, The Bahamas and the Third Turtle Club &
Spa, Turks and Caicos.

For more information about Balcones Del Atlantico, please call 1-877-657-ROCK.

About RockResorts
RockResorts, a wholly owned subsidiary of Vail Resorts, owns and operates
luxury resort hotels that offer casually elegant accommodations, lavish
RockResorts Spas, renowned golf courses, award-winning dining and a variety of
exciting outdoor adventures. The RockResorts collection includes The Arrabelle
at Vail Square and The Lodge at Vail in Vail, Colo.; Hotel Jerome in Aspen,
Colo.; The Osprey at Beaver Creek and The Pines Lodge in Beaver Creek, Colo.;
La Posada de Santa Fe Resort & Spa in Santa Fe, N.M.; Snake River Lodge & Spa
in Jackson Hole, Wyo.; and The Landings St. Lucia, Rodney Bay, St. Lucia.
Future RockResorts include: Tempo Miami in Miami, Fla. (scheduled to open in
2009); Balcones Del Atlantico, Dominican Republic (scheduled to open in 2009);
One Ski Hill Place in Breckenridge, Colo. (scheduled to open in 2010); The
Mansfield Inn at Stowe in Stowe, Vt. (scheduled to open in winter 2011/2012);
Rum Cay Resort Marina, The Bahamas (scheduled to open in 2012); and the Third
Turtle Club & Spa, Turks and Caicos (scheduled to open in 2013).

SOURCE Vail Resorts, Inc.

Investor Relations, Michelle Lang of Vail Resorts, +1-303-404-1819,
mlang@vailresorts.com; or Media Relations, Kathryn Wohlschlaeger of
RockResorts, +1-303-404-6466, kwohlschlaeger@vailresorts.com