I can tell you this, Trey, which may add fuel to the fire: Vail Resorts has certainly cut WAY back on their hiring at all of their resorts, and they've instituted a complete wage freeze this season for all employees. This comes on top of fairly massive layoffs last spring of a lot of middle and upper-level management.
Of course, Vail is not alone. Most resorts, ski or otherwise, have been tightening their belts and preparing for the worst since September 11. That, combined with the near total lack of snow so far this season, hasn't boded well for the Colorado ski resort industry.
If anything, I would expect Vail's resorts to fare better than many--assuming we get some snow. They are close enough to Denver that they get a lot of local skiers, and traditionally, they also get a lot of big groups coming in buses. Unlike some of the more remote resorts like Aspen and Telluride, it's not so important to fly to Summit County or Vail.
Time will tell....