Exhibit 5.1

September 7, 2007

Board of Directors

Vail Resorts, Inc.

390 Interlocken Crescent, Suite 1000

Broomfield, Colorado 80021

Re: Registration Statement on Form S-8

Gentlemen:

We are acting as counsel to Vail Resorts, Inc., a Delaware corporation (the “Company”), in connection with its registration statement on Form S-8 (the “Registration Statement”), filed with the Securities and Exchange Commission, of 4,191,429 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share, issuable under the terms of the Vail Resorts, Inc. 1999 Long Term Incentive and Share Award Plan (the “1999 Plan”) and the Vail Resorts, Inc. Amended and Restated 2002 Long Term Incentive and Share Award Plan (the “2002 Plan” an together with 1999 Plan, the “Plans”). This opinion letter is furnished to you at your request to enable you to fulfill the requirements of Item 601(b)(5) of Regulation S-K, 17 C.F.R. § 229.601(b)(5), in connection with the Registration Statement.

For purposes of this opinion letter, we have examined copies of the following documents:

1.           An executed copy of the Registration Statement.

2.           A copy of the Plans, as certified by the Secretary of the Company on the date hereof as being complete, accurate and in effect.

3.           The Certificate of Incorporation of the Company, as amended, as certified by the Secretary of the State of the State of Delaware on September 7, 2007 and by the Secretary of the Company on the date hereof as being complete, accurate, and in effect.

4.           The Bylaws of the Company, as amended, as certified by the Secretary of the Company on the date hereof as being complete, accurate, and in effect.

5.           Resolutions of the Board of Directors of the Company adopted (i) at a meeting held on September 14, 1999, as certified by the Secretary of the Company on the date hereof as being complete, accurate, and in effect, relating to the approval of the 1999 Plan and the issuance and the sale of the Shares and arrangements in connection therewith; and (ii) by unanimous written consent as of November 6, 2006, as certified by the Secretary of the Company on the date hereof as being complete, accurate, and in effect, relating to the approval of the 2002 Plan and the issuance and the sale of the Shares and arrangements in connection therewith.

6.           Minutes of the Annual Meetings of Stockholders of the Company held on December 14, 1999 with respect to the 1999 Plan and January 4, 2007 with respect to the 2002 Plan, as certified by the Secretary of the Company on the date hereof as being complete, accurate and in effect, relating to the approval of the Plans.

In our examination of the aforesaid documents, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the accuracy and completeness of all documents submitted to us, the authenticity of all original documents, and the conformity to authentic original documents of all documents submitted to us as copies (including telecopies).  This opinion letter is given, and all statements herein are made, in the context of the foregoing.

This opinion letter is based as to matters of law solely on the Delaware General Corporation Law, as amended.  We express no opinion herein as to any other laws, statutes, ordinances, rules, or regulations.  As used herein, the term “Delaware General Corporation Law, as amended” includes the statutory provisions contained therein, all applicable provisions of the Delaware Constitution and reported judicial decisions interpreting these laws.

Based upon, subject to and limited by the foregoing, we are of the opinion that following (i) effectiveness of the Registration Statement, (ii) issuance of the Shares pursuant to the terms of the Plans, and (iii) receipt by the Company of the consideration for the Shares specified in the resolutions adopted by the Board of Directors authorizing the issuance thereof, the Shares will be validly issued, fully paid, and nonassessable.

This opinion letter has been prepared for your use in connection with the Registration Statement and speaks as of the date hereof.  We assume no obligation to advise you of any changes in the foregoing subsequent to the delivery of this opinion letter.

We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement.  In giving this consent, we do not thereby admit that we are an “expert” within the meaning of the Securities Act of 1933, as amended.

Very truly yours,

/s/ HOGAN & HARTSON L.L.P.

HOGAN & HARTSON L.L.P.