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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_57AED0CC2C667EC8D8AA07A919B76414_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_57AED0CC2C667EC8D8AA07A919B76414" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other assets and liabilities, net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_57AED0CC2C667EC8D8AA07A919B76414" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_ADFBF7184544F35183DD07A919B796A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0EC3FB18A4DD6FBE23E607A919B78821_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_0EC3FB18A4DD6FBE23E607A919B78821" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities:</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireProductiveAssets" xlink:label="loc_us-gaap_PaymentsToAcquireProductiveAssets_04FC12A981F89A2166E007A919B70D33" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_FD20FBB6C5BF48F3866607A919B7E933_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_FD20FBB6C5BF48F3866607A919B7E933" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
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    <link:label id="lab_mtn_LandAndLandImprovementsGross_109187A2A5E2A1B13BC67DAAE0BACB7D_label_en-US" xlink:label="lab_mtn_LandAndLandImprovementsGross_B8558AC727785AA0B067F99CB6CDF131" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land And Land Improvements Gross</link:label>
    <link:label id="lab_mtn_LandAndLandImprovementsGross_109187A2A5E2A1B13BC67DAAE0BACB7D_documentation_en-US" xlink:label="lab_mtn_LandAndLandImprovementsGross_B8558AC727785AA0B067F99CB6CDF131" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross amount, as of the balance sheet date, of real estate held for productive use. This excludes land held for sale and alterations to land which improves its potential for use. Generally consisting of items having limited lives, such as walkways, driveways, fences, and parking lots, such improvements are depreciated over the useful lives of the subject assets.</link:label>
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    <link:label id="lab_us-gaap_BuildingsAndImprovementsGross_70E43BF4BBB1C53E21D37DAAE0BA8A8D_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingsAndImprovementsGross_33A6748D94925C51A7DAB73B01AE2997" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings and building improvements</link:label>
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    <link:label id="lab_us-gaap_MachineryAndEquipmentGross_9CA353B9F3C1419A91B47DAAE0BA8475_terseLabel_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentGross_54A35C9634905236B889C901A14EA90F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Machinery and equipment</link:label>
    <link:label id="lab_us-gaap_MachineryAndEquipmentGross_9CA353B9F3C1419A91B47DAAE0BA8475_label_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentGross_54A35C9634905236B889C901A14EA90F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Machinery and Equipment, Gross</link:label>
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    <link:label id="lab_us-gaap_FurnitureAndFixturesGross_6717096BEA80B6928CDF7DAAE0BA2ED1_terseLabel_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesGross_000043057ABF536DB59DBE6F69CD1ACC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture and fixtures</link:label>
    <link:label id="lab_us-gaap_FurnitureAndFixturesGross_6717096BEA80B6928CDF7DAAE0BA2ED1_label_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesGross_000043057ABF536DB59DBE6F69CD1ACC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Furniture and Fixtures, Gross</link:label>
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    <link:label id="lab_us-gaap_CapitalizedComputerSoftwareGross_E8E623E8D91CDED9BC117DAAE0BA5EAF_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareGross_FB46F6B497105C4FBEC780E12B04262D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Software</link:label>
    <link:label id="lab_us-gaap_CapitalizedComputerSoftwareGross_E8E623E8D91CDED9BC117DAAE0BA5EAF_label_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareGross_FB46F6B497105C4FBEC780E12B04262D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capitalized Computer Software, Gross</link:label>
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    <link:label id="lab_mtn_VehiclesGross_3216A8ECC4C33EE065D77DAAE0BACB34_terseLabel_en-US" xlink:label="lab_mtn_VehiclesGross_AB9D17060CC352FA9AD28E054460E036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles</link:label>
    <link:label id="lab_mtn_VehiclesGross_3216A8ECC4C33EE065D77DAAE0BACB34_label_en-US" xlink:label="lab_mtn_VehiclesGross_AB9D17060CC352FA9AD28E054460E036" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicles Gross</link:label>
    <link:label id="lab_mtn_VehiclesGross_3216A8ECC4C33EE065D77DAAE0BACB34_documentation_en-US" xlink:label="lab_mtn_VehiclesGross_AB9D17060CC352FA9AD28E054460E036" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross amount, as of the balance sheet date, of long-lived, depreciable assets that include automobiles and trucks.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_VehiclesGross" xlink:label="loc_mtn_VehiclesGross_AB9D17060CC352FA9AD28E054460E036" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ConstructionInProgressGross_DC75843DC0268894650D7DAAE0BA60C9_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_F0015611E78B5B82A82366FDF179C521" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction in progress</link:label>
    <link:label id="lab_us-gaap_ConstructionInProgressGross_DC75843DC0268894650D7DAAE0BA60C9_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_F0015611E78B5B82A82366FDF179C521" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in Progress, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaap_ConstructionInProgressGross_F0015611E78B5B82A82366FDF179C521" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_D00A2FB30173A158DACA7DAAE0BAC42E_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_8387D9ADB3A25EDE994A531254DCC779" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gross property, plant and equipment</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_8387D9ADB3A25EDE994A531254DCC779" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2C53AE72019F570AAC29F6FC822FC7CA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_2FEA282DDD7580A9953C7DAAE0BA173B_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_7FC885184F02573C8A57559A8E19D9E5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_2FEA282DDD7580A9953C7DAAE0BA173B_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_7FC885184F02573C8A57559A8E19D9E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_7FC885184F02573C8A57559A8E19D9E5" xlink:type="locator" />
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    <link:label id="lab_mtn_CanyonsObligationMember_F9CD03CC4B39E9B949BC3454ECAA1AF6_terseLabel_en-US" xlink:label="lab_mtn_CanyonsObligationMember_3A09CE62BD9C5C0C993D0C961DFF2DDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canyons Obligation [Member]</link:label>
    <link:label id="lab_mtn_CanyonsObligationMember_F9CD03CC4B39E9B949BC3454ECAA1AF6_label_en-US" xlink:label="lab_mtn_CanyonsObligationMember_3A09CE62BD9C5C0C993D0C961DFF2DDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canyons Obligation [Member]</link:label>
    <link:label id="lab_mtn_CanyonsObligationMember_F9CD03CC4B39E9B949BC3454ECAA1AF6_documentation_en-US" xlink:label="lab_mtn_CanyonsObligationMember_3A09CE62BD9C5C0C993D0C961DFF2DDA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Obligation to Talisker Corporation for operation of Canyons Resort</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_CanyonsObligationMember" xlink:label="loc_mtn_CanyonsObligationMember_3A09CE62BD9C5C0C993D0C961DFF2DDA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_A9B82F78515C15FF60063454ECAB4958_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionsProFormaRevenue_2E3365269B5F56798DB7646E7816E1D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Pro Forma Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaRevenue" xlink:label="loc_us-gaap_BusinessAcquisitionsProFormaRevenue_2E3365269B5F56798DB7646E7816E1D2" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_C3572ECD94F1529495013D75263C1AB7" xlink:type="locator" />
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    <link:label id="lab_mtn_SkiSchoolMember_9A30559560DC2D7DF22D7DAADFB92647_terseLabel_en-US" xlink:label="lab_mtn_SkiSchoolMember_216997AF224C57A9B0341EAF33926883" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ski School [Member]</link:label>
    <link:label id="lab_mtn_SkiSchoolMember_9A30559560DC2D7DF22D7DAADFB92647_label_en-US" xlink:label="lab_mtn_SkiSchoolMember_216997AF224C57A9B0341EAF33926883" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ski School [Member]</link:label>
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    <link:loc xlink:href="mtn-20160430.xsd#mtn_SkiSchoolMember" xlink:label="loc_mtn_SkiSchoolMember_216997AF224C57A9B0341EAF33926883" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_SkiSchoolMember_216997AF224C57A9B0341EAF33926883" xlink:to="lab_mtn_SkiSchoolMember_216997AF224C57A9B0341EAF33926883" xlink:type="arc" />
    <link:label id="lab_mtn_DiningMember_1B764BB522AEA9EA8E087DAADFB9B5ED_terseLabel_en-US" xlink:label="lab_mtn_DiningMember_643F176400AA508A9C634C10DFD9EFD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dining [Member]</link:label>
    <link:label id="lab_mtn_DiningMember_1B764BB522AEA9EA8E087DAADFB9B5ED_label_en-US" xlink:label="lab_mtn_DiningMember_643F176400AA508A9C634C10DFD9EFD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dining [Member]</link:label>
    <link:label id="lab_mtn_DiningMember_1B764BB522AEA9EA8E087DAADFB9B5ED_documentation_en-US" xlink:label="lab_mtn_DiningMember_643F176400AA508A9C634C10DFD9EFD6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dining [Member]</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_DiningMember" xlink:label="loc_mtn_DiningMember_643F176400AA508A9C634C10DFD9EFD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_DiningMember_643F176400AA508A9C634C10DFD9EFD6" xlink:to="lab_mtn_DiningMember_643F176400AA508A9C634C10DFD9EFD6" xlink:type="arc" />
    <link:label id="lab_mtn_RetailRentalMember_48E51030C31EE8A553237DAADFB9ADC4_terseLabel_en-US" xlink:label="lab_mtn_RetailRentalMember_9F7D4953BA6A5CCFAF447ABEA53FAC82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail/Rental [Member]</link:label>
    <link:label id="lab_mtn_RetailRentalMember_48E51030C31EE8A553237DAADFB9ADC4_label_en-US" xlink:label="lab_mtn_RetailRentalMember_9F7D4953BA6A5CCFAF447ABEA53FAC82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Rental [Member]</link:label>
    <link:label id="lab_mtn_RetailRentalMember_48E51030C31EE8A553237DAADFB9ADC4_documentation_en-US" xlink:label="lab_mtn_RetailRentalMember_9F7D4953BA6A5CCFAF447ABEA53FAC82" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retail Rental [Member]</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_RetailRentalMember" xlink:label="loc_mtn_RetailRentalMember_9F7D4953BA6A5CCFAF447ABEA53FAC82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_RetailRentalMember_9F7D4953BA6A5CCFAF447ABEA53FAC82" xlink:to="lab_mtn_RetailRentalMember_9F7D4953BA6A5CCFAF447ABEA53FAC82" xlink:type="arc" />
    <link:label id="lab_mtn_OtherMountainRevenueMember_3420B3A05BAB294BE8757DAADFB9DB61_terseLabel_en-US" xlink:label="lab_mtn_OtherMountainRevenueMember_0657941986855A4CB945341FBFB7423F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_mtn_OtherMountainRevenueMember_3420B3A05BAB294BE8757DAADFB9DB61_label_en-US" xlink:label="lab_mtn_OtherMountainRevenueMember_0657941986855A4CB945341FBFB7423F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Mountain Revenue [Member]</link:label>
    <link:label id="lab_mtn_OtherMountainRevenueMember_3420B3A05BAB294BE8757DAADFB9DB61_documentation_en-US" xlink:label="lab_mtn_OtherMountainRevenueMember_0657941986855A4CB945341FBFB7423F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Mountain Revenue [Member]</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_OtherMountainRevenueMember" xlink:label="loc_mtn_OtherMountainRevenueMember_0657941986855A4CB945341FBFB7423F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_OtherMountainRevenueMember_0657941986855A4CB945341FBFB7423F" xlink:to="lab_mtn_OtherMountainRevenueMember_0657941986855A4CB945341FBFB7423F" xlink:type="arc" />
    <link:label id="lab_mtn_ResortMember_E5939D72A408E94749F57DAADFB9E782_terseLabel_en-US" xlink:label="lab_mtn_ResortMember_8F6EDF48700758EFA28227A58C76C2A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Resort [Member]</link:label>
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    <link:label id="lab_mtn_ResortMember_E5939D72A408E94749F57DAADFB9E782_documentation_en-US" xlink:label="lab_mtn_ResortMember_8F6EDF48700758EFA28227A58C76C2A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Resort [Member]</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_ResortMember" xlink:label="loc_mtn_ResortMember_8F6EDF48700758EFA28227A58C76C2A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_ResortMember_8F6EDF48700758EFA28227A58C76C2A1" xlink:to="lab_mtn_ResortMember_8F6EDF48700758EFA28227A58C76C2A1" xlink:type="arc" />
    <link:label id="lab_mtn_MountainMember_7E8CE1FBF0AD131AB75B7DAADFB975D1_terseLabel_en-US" xlink:label="lab_mtn_MountainMember_6E817524295C5604AF18212320F51D57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mountain [Member]</link:label>
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    <link:label id="lab_mtn_MountainMember_7E8CE1FBF0AD131AB75B7DAADFB975D1_documentation_en-US" xlink:label="lab_mtn_MountainMember_6E817524295C5604AF18212320F51D57" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mountain [Member]</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_MountainMember" xlink:label="loc_mtn_MountainMember_6E817524295C5604AF18212320F51D57" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RealEstateMember_89E366483112FEF066C57DAADFB9B41F_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateMember_9060506DC9D9586E855E2A3461C725E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate [Member]</link:label>
    <link:label id="lab_us-gaap_RealEstateMember_89E366483112FEF066C57DAADFB9B41F_label_en-US" xlink:label="lab_us-gaap_RealEstateMember_9060506DC9D9586E855E2A3461C725E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate [Member]</link:label>
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    <link:label id="lab_mtn_MountainRevenueNet_6126C7B92811E9A59B637DAADFB9489C_documentation_en-US" xlink:label="lab_mtn_MountainRevenueNet_5D9E3BB9B5515C5BA5DF74C3BB85DDA5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue mainly derived from the sale of lift tickets and season ski passes, ski school, food and beverage, retail/rental and other revenue associated with mountain operations.</link:label>
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    <link:label id="lab_mtn_LodgingRevenueNet_FAF2ED7D59981B2AFF207DAADFB99535_terseLabel_en-US" xlink:label="lab_mtn_LodgingRevenueNet_7DB7615D15F85AF0A63D076BEA71B78F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lodging</link:label>
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    <link:label id="lab_mtn_LodgingRevenueNet_FAF2ED7D59981B2AFF207DAADFB99535_documentation_en-US" xlink:label="lab_mtn_LodgingRevenueNet_7DB7615D15F85AF0A63D076BEA71B78F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue generated from owned and managed hotels and condominiums, transportation, golf and other activities.</link:label>
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    <link:label id="lab_mtn_ResortRevenueNet_36621869C4C497ADFCE57DAADFB9BE01_totalLabel_en-US" xlink:label="lab_mtn_ResortRevenueNet_7E18C92A75295378A9E9F1A98127E421" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Resort net revenue</link:label>
    <link:label id="lab_mtn_ResortRevenueNet_36621869C4C497ADFCE57DAADFB9BE01_label_en-US" xlink:label="lab_mtn_ResortRevenueNet_7E18C92A75295378A9E9F1A98127E421" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resort Revenue Net</link:label>
    <link:label id="lab_mtn_ResortRevenueNet_36621869C4C497ADFCE57DAADFB9BE01_documentation_en-US" xlink:label="lab_mtn_ResortRevenueNet_7E18C92A75295378A9E9F1A98127E421" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The sum of mountain and lodging segment revenue.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_ResortRevenueNet" xlink:label="loc_mtn_ResortRevenueNet_7E18C92A75295378A9E9F1A98127E421" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RealEstateRevenueNet_97394C40836EB818A5CA7DAADFB963CF_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_0DE69A9A2EF2585CB2FD279EA755318D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:label id="lab_us-gaap_RealEstateRevenueNet_97394C40836EB818A5CA7DAADFB963CF_label_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_0DE69A9A2EF2585CB2FD279EA755318D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Revenue, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RealEstateRevenueNet" xlink:label="loc_us-gaap_RealEstateRevenueNet_0DE69A9A2EF2585CB2FD279EA755318D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateRevenueNet_0DE69A9A2EF2585CB2FD279EA755318D" xlink:to="lab_us-gaap_RealEstateRevenueNet_0DE69A9A2EF2585CB2FD279EA755318D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueNet_F9BAAA4011181647B4667DAADFB976FB_totalLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_5930C6D4711F5504B7672C25C8634E88" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total net revenue</link:label>
    <link:label id="lab_us-gaap_SalesRevenueNet_F9BAAA4011181647B4667DAADFB976FB_label_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_5930C6D4711F5504B7672C25C8634E88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaap_SalesRevenueNet_5930C6D4711F5504B7672C25C8634E88" xlink:type="locator" />
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    <link:label id="lab_mtn_MountainExpensesNet_58582399D0396DE5E2FC7DAADFB9E3B0_terseLabel_en-US" xlink:label="lab_mtn_MountainExpensesNet_99C5F9554B175CA6B3A5AB8BB1E1D603" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mountain</link:label>
    <link:label id="lab_mtn_MountainExpensesNet_58582399D0396DE5E2FC7DAADFB9E3B0_label_en-US" xlink:label="lab_mtn_MountainExpensesNet_99C5F9554B175CA6B3A5AB8BB1E1D603" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mountain Expenses Net</link:label>
    <link:label id="lab_mtn_MountainExpensesNet_58582399D0396DE5E2FC7DAADFB9E3B0_documentation_en-US" xlink:label="lab_mtn_MountainExpensesNet_99C5F9554B175CA6B3A5AB8BB1E1D603" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Costs incurred that are directly related to generating mountain revenue, including labor and labor-related benefits, retail cost of sales, resort related fees and general and administrative expenses.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_MountainExpensesNet" xlink:label="loc_mtn_MountainExpensesNet_99C5F9554B175CA6B3A5AB8BB1E1D603" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_MountainExpensesNet_99C5F9554B175CA6B3A5AB8BB1E1D603" xlink:to="lab_mtn_MountainExpensesNet_99C5F9554B175CA6B3A5AB8BB1E1D603" xlink:type="arc" />
    <link:label id="lab_mtn_LodgingExpensesNet_D348D7C613EC4CFC93A07DAADFB92D6B_terseLabel_en-US" xlink:label="lab_mtn_LodgingExpensesNet_6B8DB57A1CB359F29F42C3D479D173B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lodging</link:label>
    <link:label id="lab_mtn_LodgingExpensesNet_D348D7C613EC4CFC93A07DAADFB92D6B_label_en-US" xlink:label="lab_mtn_LodgingExpensesNet_6B8DB57A1CB359F29F42C3D479D173B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lodging Expenses Net</link:label>
    <link:label id="lab_mtn_LodgingExpensesNet_D348D7C613EC4CFC93A07DAADFB92D6B_documentation_en-US" xlink:label="lab_mtn_LodgingExpensesNet_6B8DB57A1CB359F29F42C3D479D173B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Costs incurred that are directly related to generating lodging revenues, including labor and labor-related benefits and general and administrative expenses.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_LodgingExpensesNet" xlink:label="loc_mtn_LodgingExpensesNet_6B8DB57A1CB359F29F42C3D479D173B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_LodgingExpensesNet_6B8DB57A1CB359F29F42C3D479D173B0" xlink:to="lab_mtn_LodgingExpensesNet_6B8DB57A1CB359F29F42C3D479D173B0" xlink:type="arc" />
    <link:label id="lab_mtn_ResortExpensesNet_238A8CFAB5A36071AC747DAADFBA8392_totalLabel_en-US" xlink:label="lab_mtn_ResortExpensesNet_9A04E3AC1BC65882AF7E29053B8C2FCF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Resort operating expense</link:label>
    <link:label id="lab_mtn_ResortExpensesNet_238A8CFAB5A36071AC747DAADFBA8392_label_en-US" xlink:label="lab_mtn_ResortExpensesNet_9A04E3AC1BC65882AF7E29053B8C2FCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resort Expenses Net</link:label>
    <link:label id="lab_mtn_ResortExpensesNet_238A8CFAB5A36071AC747DAADFBA8392_documentation_en-US" xlink:label="lab_mtn_ResortExpensesNet_9A04E3AC1BC65882AF7E29053B8C2FCF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The sum of mountain and lodging segment operating expenses, net.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_ResortExpensesNet" xlink:label="loc_mtn_ResortExpensesNet_9A04E3AC1BC65882AF7E29053B8C2FCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_ResortExpensesNet_9A04E3AC1BC65882AF7E29053B8C2FCF" xlink:to="lab_mtn_ResortExpensesNet_9A04E3AC1BC65882AF7E29053B8C2FCF" xlink:type="arc" />
    <link:label id="lab_mtn_RealEstateExpense_803C80CAFFF5A4559AF67DAADFBAB0D8_terseLabel_en-US" xlink:label="lab_mtn_RealEstateExpense_CEE17A38B46A589399CCB2B7F4DAB1BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate</link:label>
    <link:label id="lab_mtn_RealEstateExpense_803C80CAFFF5A4559AF67DAADFBAB0D8_label_en-US" xlink:label="lab_mtn_RealEstateExpense_CEE17A38B46A589399CCB2B7F4DAB1BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real estate expense</link:label>
    <link:label id="lab_mtn_RealEstateExpense_803C80CAFFF5A4559AF67DAADFBAB0D8_documentation_en-US" xlink:label="lab_mtn_RealEstateExpense_CEE17A38B46A589399CCB2B7F4DAB1BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Costs incurred that are directly related to generating real estate revenues, including cost of sales (including sales commissions), labor and labor-related benefits, general and administrative expenses and other expenses.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_RealEstateExpense" xlink:label="loc_mtn_RealEstateExpense_CEE17A38B46A589399CCB2B7F4DAB1BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_RealEstateExpense_CEE17A38B46A589399CCB2B7F4DAB1BE" xlink:to="lab_mtn_RealEstateExpense_CEE17A38B46A589399CCB2B7F4DAB1BE" xlink:type="arc" />
    <link:label id="lab_mtn_OperatingCostsExpensesAndCostOfSales_71DD1DEEE1F6AE4EFCCE7DAADFBA9B5D_totalLabel_en-US" xlink:label="lab_mtn_OperatingCostsExpensesAndCostOfSales_2A9EF6096D48561D8B48DBD9660C17C4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total segment operating expense</link:label>
    <link:label id="lab_mtn_OperatingCostsExpensesAndCostOfSales_71DD1DEEE1F6AE4EFCCE7DAADFBA9B5D_label_en-US" xlink:label="lab_mtn_OperatingCostsExpensesAndCostOfSales_2A9EF6096D48561D8B48DBD9660C17C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Costs Expenses And Cost Of Sales</link:label>
    <link:label id="lab_mtn_OperatingCostsExpensesAndCostOfSales_71DD1DEEE1F6AE4EFCCE7DAADFBA9B5D_documentation_en-US" xlink:label="lab_mtn_OperatingCostsExpensesAndCostOfSales_2A9EF6096D48561D8B48DBD9660C17C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Generally recurring costs associated with normal operations including costs of sales or services and General and Administrative Expense.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_OperatingCostsExpensesAndCostOfSales" xlink:label="loc_mtn_OperatingCostsExpensesAndCostOfSales_2A9EF6096D48561D8B48DBD9660C17C4" xlink:type="locator" />
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    <link:label id="lab_mtn_GainOnSaleOfRealProperty_C680F3D1C68FF74788D67DAADFBA97AC_terseLabel_en-US" xlink:label="lab_mtn_GainOnSaleOfRealProperty_D5119717A4A5586EAA9C1FEFACF35143" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real property</link:label>
    <link:label id="lab_mtn_GainOnSaleOfRealProperty_C680F3D1C68FF74788D67DAADFBA97AC_label_en-US" xlink:label="lab_mtn_GainOnSaleOfRealProperty_D5119717A4A5586EAA9C1FEFACF35143" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain on sale of real property</link:label>
    <link:label id="lab_mtn_GainOnSaleOfRealProperty_C680F3D1C68FF74788D67DAADFBA97AC_documentation_en-US" xlink:label="lab_mtn_GainOnSaleOfRealProperty_D5119717A4A5586EAA9C1FEFACF35143" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The gains and losses included in results of operations resulting from the sale of land.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_GainOnSaleOfRealProperty" xlink:label="loc_mtn_GainOnSaleOfRealProperty_D5119717A4A5586EAA9C1FEFACF35143" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_GainOnSaleOfRealProperty_D5119717A4A5586EAA9C1FEFACF35143" xlink:to="lab_mtn_GainOnSaleOfRealProperty_D5119717A4A5586EAA9C1FEFACF35143" xlink:type="arc" />
    <link:label id="lab_mtn_MountainEquityInvestmentIncomeLossNet_035869529F320A2585D67DAADFBA573E_terseLabel_en-US" xlink:label="lab_mtn_MountainEquityInvestmentIncomeLossNet_DDA01BD0C847519DA2C44B2CE544952C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mountain equity investment income, net</link:label>
    <link:label id="lab_mtn_MountainEquityInvestmentIncomeLossNet_035869529F320A2585D67DAADFBA573E_label_en-US" xlink:label="lab_mtn_MountainEquityInvestmentIncomeLossNet_DDA01BD0C847519DA2C44B2CE544952C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mountain Equity Investment Income Loss Net</link:label>
    <link:label id="lab_mtn_MountainEquityInvestmentIncomeLossNet_035869529F320A2585D67DAADFBA573E_documentation_en-US" xlink:label="lab_mtn_MountainEquityInvestmentIncomeLossNet_DDA01BD0C847519DA2C44B2CE544952C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Company's share of income (loss) from the operations of unconsolidated subsidiaries associated with the mountain segment.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_MountainEquityInvestmentIncomeLossNet" xlink:label="loc_mtn_MountainEquityInvestmentIncomeLossNet_DDA01BD0C847519DA2C44B2CE544952C" xlink:type="locator" />
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    <link:label id="lab_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_26DE1F1593BB73EF9D137DAADFBAA2B9_terseLabel_en-US" xlink:label="lab_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_21B01092B50B5C2FAC11867BC91215D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Reported EBITDA</link:label>
    <link:label id="lab_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_26DE1F1593BB73EF9D137DAADFBAA2B9_label_en-US" xlink:label="lab_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_21B01092B50B5C2FAC11867BC91215D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earning Before Interest Taxes Depreciation and Amortization</link:label>
    <link:label id="lab_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_26DE1F1593BB73EF9D137DAADFBAA2B9_documentation_en-US" xlink:label="lab_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_21B01092B50B5C2FAC11867BC91215D0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earning Before Interest Taxes Depreciation and Amortization for the Segment presented.</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_EarningBeforeInterestTaxesDepreciationAndAmortization" xlink:label="loc_mtn_EarningBeforeInterestTaxesDepreciationAndAmortization_21B01092B50B5C2FAC11867BC91215D0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryRealEstate_F927BBCC1866F34E4C267DAADFBA9673_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryRealEstate_62C3124597B45055BE2DACE6E9804B46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate held for sale and investment</link:label>
    <link:label id="lab_us-gaap_InventoryRealEstate_F927BBCC1866F34E4C267DAADFBA9673_label_en-US" xlink:label="lab_us-gaap_InventoryRealEstate_62C3124597B45055BE2DACE6E9804B46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryRealEstate" xlink:label="loc_us-gaap_InventoryRealEstate_62C3124597B45055BE2DACE6E9804B46" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DepreciationAndAmortization_792BB1ED8BBD4E29E6077DAADFBA50F1_negatedLabel_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_0296FD0356D65E2E984AA0D8B7C3C947" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_0296FD0356D65E2E984AA0D8B7C3C947" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationAndAmortization_0296FD0356D65E2E984AA0D8B7C3C947" xlink:to="lab_us-gaap_DepreciationAndAmortization_0296FD0356D65E2E984AA0D8B7C3C947" xlink:type="arc" />
    <link:label id="lab_mtn_ChangeinFairValueofContingentConsideration_69E623D3D3BB96D11FF87DAADFBA327E_negatedTerseLabel_en-US" xlink:label="lab_mtn_ChangeinFairValueofContingentConsideration_94C901E1F3AF5194B21C4B4F6F4C721B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Change in Fair Value of Contingent Consideration</link:label>
    <link:loc xlink:href="mtn-20160430.xsd#mtn_ChangeinFairValueofContingentConsideration" xlink:label="loc_mtn_ChangeinFairValueofContingentConsideration_94C901E1F3AF5194B21C4B4F6F4C721B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_616E2CDF9593B79F6F3B7DAADFBA337B_verboseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_BB9C1531B0E151CE9AB99F442242E7EE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loss on disposal of fixed assets, net</link:label>
    <link:label id="lab_us-gaap_GainLossOnDispositionOfAssets_616E2CDF9593B79F6F3B7DAADFBA337B_label_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssets_BB9C1531B0E151CE9AB99F442242E7EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets_BB9C1531B0E151CE9AB99F442242E7EE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Goodwill_B9AB2B939F21C507C24512DF8F380503_label_en-US" xlink:label="lab_us-gaap_Goodwill_B9AB2B939F21C507C24512DF8F380503" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
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    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_3F831C88B577548C363512DF8F38B3A1_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_3F831C88B577548C363512DF8F38B3A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Noncurrent</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EC9AE3E61B92E99C9A1112DF8F3810D3_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EC9AE3E61B92E99C9A1112DF8F3810D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Stockholders' Equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EC9AE3E61B92E99C9A1112DF8F3810D3_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EC9AE3E61B92E99C9A1112DF8F3810D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAbstract_2BF2134ECA3143ECE9C912DFF9AB39C0_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_2BF2134ECA3143ECE9C912DFF9AB39C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_2BF2134ECA3143ECE9C912DFF9AB39C0_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_2BF2134ECA3143ECE9C912DFF9AB39C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
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    <link:loc xlink:href="mtn-20160430.xsd#mtn_AccountsPayableAccruedLiabilities" xlink:label="loc_mtn_AccountsPayableAccruedLiabilities_BB65D89C8A966B35AAB512DF8F38C248" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccruedIncomeTaxesCurrent_AE7106F5405EB301E60112DF8F386B5D_label_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxesCurrent_AE7106F5405EB301E60112DF8F386B5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Income Taxes, Current</link:label>
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    <link:label id="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_2F05A4310968EFC9A61512DF8F395FAD_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_2F05A4310968EFC9A61512DF8F395FAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt due within one year (Note 4)</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesCurrent_77B57C88A38451A8B11812DF8F395853_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_77B57C88A38451A8B11812DF8F395853" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_77B57C88A38451A8B11812DF8F395853" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrent_77B57C88A38451A8B11812DF8F395853" xlink:to="lab_us-gaap_LiabilitiesCurrent_77B57C88A38451A8B11812DF8F395853" xlink:type="arc" />
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