POWER OF ATTORNEY


               Know all by these presents that the undersigned hereby constitutes and ap-
points each of Martha D. Rehm, Fiona Arnold, and Kay Guthrie and their assigns, the under-
signed's true and lawful attorney-in-fact to:
                (1)  execute for and on behalf of the undersigned, in the undersigned's capac-
ity as an officer and/or director of Vail Resorts, Inc. (the "Company"), Forms 3, 4 and 5 (or
any analogous form), including amendments, in accordance with Section 16(a) of the Securi-
ties Exchange Act of 1934 and the rules thereunder;
                (2)  do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Forms 3, 4 and 5 (or
any analogous form) and timely file such form with the United States Securities and Ex-
change Commission and any stock exchange or similar authority; and
               (3)  take any other action of any type whatsoever in connection with the fore-
going which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest
of, or legally required by, the undersigned, it being understood that the documents executed
by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall
be in such form and shall contain such terms and conditions as such attorney-in-fact may ap-
prove in such attorney-in-fact's discretion.
               The undersigned hereby grants to each such attorney-in-fact full power and au-
thority to do and perform any and every act and thing whatsoever requisite, necessary, or
proper to be done in the exercise of any of the rights and powers herein granted, as fully to all
intents and purposes as the undersigned might or could do if personally present, with full
power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-
fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done
by virtue of this power of attorney and the rights and powers herein granted.  The undersigned
acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of
the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's
responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
               This Power of Attorney shall remain in full force and effect until the under-
signed is no longer required to file Forms 3, 4 and 5 (or any analogous form) with respect to
the undersigned's holdings of and transactions in securities issued by the Company, unless
earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-
fact.


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 4th day of October, 2006.

               				/s/ Thomas D. Hyde
               				    Thomas D. Hyde



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