Leviev Boymelgreen Selects RockResorts to Manage Hotel Atop Marquis Complex in Miami

. October 14, 2008

BROOMFIELD, CO, December 18, 2006. RockResorts International, LLC, a luxury hotel company based in Broomfield, CO and wholly- owned subsidiary of Vail Resorts, Inc. (NYSE: MTN), announced today that the 56 room and suite Marquis Hotel & Spa in Miami, Florida has been added to its collection of high-end properties. RockResorts will manage the hotel, scheduled to open in February 2009, under a long-term management contract with its owner Leviev Boymelgreen Developers of Florida. RockResorts is currently providing technical consulting services during the development and pre-opening phases of the project.

Marquis Hotel & Spa, A RockResort will be part of Marquis, a 67-story luxury condominium-hotel complex, designed by renowned architectural firm Arquitectonica. Each of the 56 spacious guestrooms and suites, which range from 500 square feet to 1100 square feet, feature sweeping water views of Miami's Biscayne Bay. RockResorts will also manage the full service spa and fitness center, a fine-dining restaurant and bar, and meeting space. The project is located within walking distance of Miami's new $446 million Carnival Center for the Performing Arts and minutes from the American Airlines Arena, beaches, restaurants, and shopping.

"The Marquis Hotel will set a new standard in luxury for visitors to Miami, a city already known for its world-class accommodations," said Rob Katz, CEO of Vail Resorts. Katz continued, "We are extremely excited about opening a RockResort in the middle of the tremendous re-birth of the Bicentennial Park area in one of the most cosmopolitan cities in the world. RockResorts caters to guests seeking distinctive luxury experiences, and having a RockResort in the new cultural center of Miami clearly meets that high standard."

"RockResorts' experience in unique, high-end hotel and spa developments was a perfect match for our project, and we're thrilled to be making this announcement," said Andrew B. Hellinger, President of Leviev Boymelgreen Florida. Hellinger continued, "The RockResorts collection speaks to a sophisticated, inquisitive traveler and our location in the heart of downtown Miami's renaissance is something RockResorts guests will be excited about."

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