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    <link:label id="lab_us-gaap_RealEstateMember_C82862324FD0D859F8BFCFEB56E3DD0D_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateMember_C82862324FD0D859F8BFCFEB56E3DD0D" 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_C82862324FD0D859F8BFCFEB56E3DD0D_label_en-US" xlink:label="lab_us-gaap_RealEstateMember_C82862324FD0D859F8BFCFEB56E3DD0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RealEstateMember" xlink:label="loc_us-gaap_RealEstateMember_C82862324FD0D859F8BFCFEB56E3DD0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateMember_C82862324FD0D859F8BFCFEB56E3DD0D" xlink:to="lab_us-gaap_RealEstateMember_C82862324FD0D859F8BFCFEB56E3DD0D" xlink:type="arc" />
    <link:label id="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B_netLabel_en-US" xlink:label="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Total Mountain net revenue</link:label>
    <link:label id="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B_label_en-US" xlink:label="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mountain Revenue Net</link:label>
    <link:label id="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B_documentation_en-US" xlink:label="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B" 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>
    <link:loc xlink:href="mtn-20161031.xsd#mtn_MountainRevenueNet" xlink:label="loc_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B" xlink:to="lab_mtn_MountainRevenueNet_1CC9D9BC2C461C1C9FCDCFEB56E3572B" xlink:type="arc" />
    <link:label id="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1_terseLabel_en-US" xlink:label="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lodging</link:label>
    <link:label id="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1_label_en-US" xlink:label="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lodging Revenue Net</link:label>
    <link:label id="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1_documentation_en-US" xlink:label="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1" 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>
    <link:loc xlink:href="mtn-20161031.xsd#mtn_LodgingRevenueNet" xlink:label="loc_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1" xlink:to="lab_mtn_LodgingRevenueNet_889569C6A02F4C0FA5AFCFEB56E352E1" xlink:type="arc" />
    <link:label id="lab_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297_totalLabel_en-US" xlink:label="lab_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297" 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_4EC1C45118CF7353D85BCFEB56E3A297_label_en-US" xlink:label="lab_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297" 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_4EC1C45118CF7353D85BCFEB56E3A297_documentation_en-US" xlink:label="lab_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297" 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-20161031.xsd#mtn_ResortRevenueNet" xlink:label="loc_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297" xlink:to="lab_mtn_ResortRevenueNet_4EC1C45118CF7353D85BCFEB56E3A297" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateRevenueNet_56563624DD0610B0A8F4CFEB56E37243_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_56563624DD0610B0A8F4CFEB56E37243" 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_56563624DD0610B0A8F4CFEB56E37243_label_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_56563624DD0610B0A8F4CFEB56E37243" 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_56563624DD0610B0A8F4CFEB56E37243" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateRevenueNet_56563624DD0610B0A8F4CFEB56E37243" xlink:to="lab_us-gaap_RealEstateRevenueNet_56563624DD0610B0A8F4CFEB56E37243" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueNet_4C11FCF06CF59D26E42ECFEB56E37357_totalLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_4C11FCF06CF59D26E42ECFEB56E37357" 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_4C11FCF06CF59D26E42ECFEB56E37357_label_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_4C11FCF06CF59D26E42ECFEB56E37357" 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_4C11FCF06CF59D26E42ECFEB56E37357" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueNet_4C11FCF06CF59D26E42ECFEB56E37357" xlink:to="lab_us-gaap_SalesRevenueNet_4C11FCF06CF59D26E42ECFEB56E37357" xlink:type="arc" />
    <link:label id="lab_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609_terseLabel_en-US" xlink:label="lab_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609" 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_6DB0C5FFD0FEB61217D3CFEB56E3A609_label_en-US" xlink:label="lab_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609" 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_6DB0C5FFD0FEB61217D3CFEB56E3A609_documentation_en-US" xlink:label="lab_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609" 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-20161031.xsd#mtn_MountainExpensesNet" xlink:label="loc_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609" xlink:to="lab_mtn_MountainExpensesNet_6DB0C5FFD0FEB61217D3CFEB56E3A609" xlink:type="arc" />
    <link:label id="lab_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453_terseLabel_en-US" xlink:label="lab_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453" 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_21244DA4F8358FBADF27CFEB56E3E453_label_en-US" xlink:label="lab_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453" 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_21244DA4F8358FBADF27CFEB56E3E453_documentation_en-US" xlink:label="lab_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453" 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-20161031.xsd#mtn_LodgingExpensesNet" xlink:label="loc_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453" xlink:to="lab_mtn_LodgingExpensesNet_21244DA4F8358FBADF27CFEB56E3E453" xlink:type="arc" />
    <link:label id="lab_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9_totalLabel_en-US" xlink:label="lab_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9" 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_AD7E82F81985B3B7D15ECFEB56E382E9_label_en-US" xlink:label="lab_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9" 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_AD7E82F81985B3B7D15ECFEB56E382E9_documentation_en-US" xlink:label="lab_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9" 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-20161031.xsd#mtn_ResortExpensesNet" xlink:label="loc_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9" xlink:to="lab_mtn_ResortExpensesNet_AD7E82F81985B3B7D15ECFEB56E382E9" xlink:type="arc" />
    <link:label id="lab_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3_terseLabel_en-US" xlink:label="lab_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3" 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_521D398A94624FF1DA5ECFEB56E399D3_label_en-US" xlink:label="lab_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3" 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_521D398A94624FF1DA5ECFEB56E399D3_documentation_en-US" xlink:label="lab_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3" 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-20161031.xsd#mtn_RealEstateExpense" xlink:label="loc_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3" xlink:to="lab_mtn_RealEstateExpense_521D398A94624FF1DA5ECFEB56E399D3" xlink:type="arc" />
    <link:label id="lab_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04_totalLabel_en-US" xlink:label="lab_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04" 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_593CCD6DEEA7D9692369CFEB56E32F04_label_en-US" xlink:label="lab_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04" 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_593CCD6DEEA7D9692369CFEB56E32F04_documentation_en-US" xlink:label="lab_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04" 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-20161031.xsd#mtn_OperatingCostsExpensesAndCostOfSales" xlink:label="loc_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04" xlink:to="lab_mtn_OperatingCostsExpensesAndCostOfSales_593CCD6DEEA7D9692369CFEB56E32F04" xlink:type="arc" />
    <link:label id="lab_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529_terseLabel_en-US" xlink:label="lab_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529" 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_60923B3964CB2363B578CFEB56E36529_label_en-US" xlink:label="lab_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529" 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_60923B3964CB2363B578CFEB56E36529_documentation_en-US" xlink:label="lab_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529" 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-20161031.xsd#mtn_GainOnSaleOfRealProperty" xlink:label="loc_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529" xlink:to="lab_mtn_GainOnSaleOfRealProperty_60923B3964CB2363B578CFEB56E36529" xlink:type="arc" />
    <link:label id="lab_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF_terseLabel_en-US" xlink:label="lab_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF" 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_CB5F004D2CEFAE05EA49CFEB56E3B2CF_label_en-US" xlink:label="lab_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF" 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_CB5F004D2CEFAE05EA49CFEB56E3B2CF_documentation_en-US" xlink:label="lab_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF" 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-20161031.xsd#mtn_MountainEquityInvestmentIncomeLossNet" xlink:label="loc_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF" xlink:to="lab_mtn_MountainEquityInvestmentIncomeLossNet_CB5F004D2CEFAE05EA49CFEB56E3B2CF" xlink:type="arc" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityInitiationDate1_D4B8CC246841AA566FADCFEB580C7498_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityInitiationDate1_D4B8CC246841AA566FADCFEB580C7498" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Initiation Date</link:label>
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    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F490964D585778C3B584CFEB580C715B_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F490964D585778C3B584CFEB580C715B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Remaining Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_F490964D585778C3B584CFEB580C715B" 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_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_B83E34BA4E205CD15B00CFEB580CAC43" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityIncreaseDecreaseForPeriodNet_D696D392447439ACF677CFEB580CC6B2_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityIncreaseDecreaseForPeriodNet_D696D392447439ACF677CFEB580CC6B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Increase (Decrease), Net</link:label>
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    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_0781850EF9429299FA45C19ECA31E606_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_0781850EF9429299FA45C19ECA31E606" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_0781850EF9429299FA45C19ECA31E606_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_0781850EF9429299FA45C19ECA31E606" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_0781850EF9429299FA45C19ECA31E606" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsReceivableNetCurrent_BA3231D3F81F2AEED575C19ECA31679A_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_BA3231D3F81F2AEED575C19ECA31679A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables, net</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNetCurrent_BA3231D3F81F2AEED575C19ECA31679A_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_BA3231D3F81F2AEED575C19ECA31679A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_BA3231D3F81F2AEED575C19ECA31679A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryNet_7CDF2DF45D059528F66DC19ECA314F7E_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_7CDF2DF45D059528F66DC19ECA314F7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories, net</link:label>
    <link:label id="lab_us-gaap_InventoryNet_7CDF2DF45D059528F66DC19ECA314F7E_label_en-US" xlink:label="lab_us-gaap_InventoryNet_7CDF2DF45D059528F66DC19ECA314F7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Net</link:label>
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    <link:label id="lab_us-gaap_OtherAssetsCurrent_CF2F15719EA827C6C5DFC19ECA31E397_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_CF2F15719EA827C6C5DFC19ECA31E397" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsCurrent_CF2F15719EA827C6C5DFC19ECA31E397_label_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_CF2F15719EA827C6C5DFC19ECA31E397" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaap_OtherAssetsCurrent_CF2F15719EA827C6C5DFC19ECA31E397" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsCurrent_2AEE82CF0CA3FEBC35BBC19ECA31756A_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_2AEE82CF0CA3FEBC35BBC19ECA31756A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_us-gaap_AssetsCurrent_2AEE82CF0CA3FEBC35BBC19ECA31756A_label_en-US" xlink:label="lab_us-gaap_AssetsCurrent_2AEE82CF0CA3FEBC35BBC19ECA31756A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_2AEE82CF0CA3FEBC35BBC19ECA31756A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_68081FFCF1F5D925931AC19ECA31A368_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_68081FFCF1F5D925931AC19ECA31A368" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net (Note 6)</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_68081FFCF1F5D925931AC19ECA31A368_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_68081FFCF1F5D925931AC19ECA31A368" 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_68081FFCF1F5D925931AC19ECA31A368" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Goodwill_93982FEFA418B427CF2FC19ECA31B334_verboseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_93982FEFA418B427CF2FC19ECA31B334" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Goodwill, net</link:label>
    <link:label id="lab_us-gaap_Goodwill_93982FEFA418B427CF2FC19ECA31B334_label_en-US" xlink:label="lab_us-gaap_Goodwill_93982FEFA418B427CF2FC19ECA31B334" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_93982FEFA418B427CF2FC19ECA31B334" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_BE2D9680B61553C082D1C19ECA31CB88_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_BE2D9680B61553C082D1C19ECA31CB88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_BE2D9680B61553C082D1C19ECA31CB88_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_BE2D9680B61553C082D1C19ECA31CB88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets, Net (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_BE2D9680B61553C082D1C19ECA31CB88" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_62B4964E5451C98527E3C19ECA3118FD_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_62B4964E5451C98527E3C19ECA3118FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_62B4964E5451C98527E3C19ECA3118FD_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_62B4964E5451C98527E3C19ECA3118FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_62B4964E5451C98527E3C19ECA3118FD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Assets_990833320351DC19C61BC19ECA310047_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_990833320351DC19C61BC19ECA310047" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_990833320351DC19C61BC19ECA310047_label_en-US" xlink:label="lab_us-gaap_Assets_990833320351DC19C61BC19ECA310047" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_990833320351DC19C61BC19ECA310047" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_37F435314386EB624BADC19ECA31C17E_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_37F435314386EB624BADC19ECA31C17E" 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_37F435314386EB624BADC19ECA31C17E_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_37F435314386EB624BADC19ECA31C17E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_37F435314386EB624BADC19ECA31C17E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAbstract_61717731B25EC30804C4C19ECA31A1DC_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_61717731B25EC30804C4C19ECA31A1DC" 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_61717731B25EC30804C4C19ECA31A1DC_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_61717731B25EC30804C4C19ECA31A1DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_61717731B25EC30804C4C19ECA31A1DC" xlink:type="locator" />
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    <link:label id="lab_mtn_AccountsPayableAccruedLiabilities_4E9B92F1F16A7544909BC19ECA31E508_terseLabel_en-US" xlink:label="lab_mtn_AccountsPayableAccruedLiabilities_4E9B92F1F16A7544909BC19ECA31E508" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued liabilities (Note 6)</link:label>
    <link:label id="lab_mtn_AccountsPayableAccruedLiabilities_4E9B92F1F16A7544909BC19ECA31E508_label_en-US" xlink:label="lab_mtn_AccountsPayableAccruedLiabilities_4E9B92F1F16A7544909BC19ECA31E508" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable Accrued Liabilities</link:label>
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    <link:loc xlink:href="mtn-20161031.xsd#mtn_AccountsPayableAccruedLiabilities" xlink:label="loc_mtn_AccountsPayableAccruedLiabilities_4E9B92F1F16A7544909BC19ECA31E508" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccruedIncomeTaxesCurrent_A12F392CD383692CB6BEC19ECA31C4EF_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxesCurrent_A12F392CD383692CB6BEC19ECA31C4EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes payable</link:label>
    <link:label id="lab_us-gaap_AccruedIncomeTaxesCurrent_A12F392CD383692CB6BEC19ECA31C4EF_label_en-US" xlink:label="lab_us-gaap_AccruedIncomeTaxesCurrent_A12F392CD383692CB6BEC19ECA31C4EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Income Taxes, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedIncomeTaxesCurrent" xlink:label="loc_us-gaap_AccruedIncomeTaxesCurrent_A12F392CD383692CB6BEC19ECA31C4EF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_C47872070612108DE461C19ECA3114BA_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_C47872070612108DE461C19ECA3114BA" 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_CostOfRealEstateSales_939BEE2EB41755A15260CFEB58888057_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfRealEstateSales_939BEE2EB41755A15260CFEB58888057" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of real estate sales</link:label>
    <link:label id="lab_us-gaap_CostOfRealEstateSales_939BEE2EB41755A15260CFEB58888057_label_en-US" xlink:label="lab_us-gaap_CostOfRealEstateSales_939BEE2EB41755A15260CFEB58888057" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Real Estate Sales</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensation_D09F2BC51FB267EB506DCFEB58882CCF_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_D09F2BC51FB267EB506DCFEB58882CCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation expense</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_D09F2BC51FB267EB506DCFEB58882CCF_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_D09F2BC51FB267EB506DCFEB58882CCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
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    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE89DE27299AE0F9AE78CFEB58884183_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE89DE27299AE0F9AE78CFEB58884183" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes, net</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE89DE27299AE0F9AE78CFEB58884183_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE89DE27299AE0F9AE78CFEB58884183" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_EE89DE27299AE0F9AE78CFEB58884183" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnSaleOfProperties_4528C6AED8EFA2D3F0B5CFEB5888FF75_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfProperties_4528C6AED8EFA2D3F0B5CFEB5888FF75" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real property</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfProperties_4528C6AED8EFA2D3F0B5CFEB5888FF75_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfProperties_4528C6AED8EFA2D3F0B5CFEB5888FF75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Properties</link:label>
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    <link:label id="lab_us-gaap_OtherNoncashIncome_E737AED63A005FC3AC64CFEB5888A276_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncome_E737AED63A005FC3AC64CFEB5888A276" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other non-cash income, net</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInRestrictedCash_8BFF794B1D248A7B3A01CFEB58882FE1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInRestrictedCash_8BFF794B1D248A7B3A01CFEB58882FE1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Restricted Cash</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_IncreaseDecreaseInRestrictedCash" xlink:label="loc_us-gaap_IncreaseDecreaseInRestrictedCash_8BFF794B1D248A7B3A01CFEB58882FE1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A8FA5E3832B2740887E2CFEB58889F73_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_A8FA5E3832B2740887E2CFEB58889F73" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Trade receivables, 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_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_A8FA5E3832B2740887E2CFEB58889F73" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_37AC5DF82C4A26497B18CFEB58886D56_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_37AC5DF82C4A26497B18CFEB58886D56" 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_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_37AC5DF82C4A26497B18CFEB58886D56" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireProductiveAssets_D2EC2AA92DB102DEC03ECFEB588855A5_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireProductiveAssets_D2EC2AA92DB102DEC03ECFEB588855A5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireProductiveAssets_D2EC2AA92DB102DEC03ECFEB588855A5_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireProductiveAssets_D2EC2AA92DB102DEC03ECFEB588855A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Productive Assets</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_F2024F1A2718403B2450CFEB5888BA7A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_F2024F1A2718403B2450CFEB5888BA7A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of businesses, net of cash acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_F2024F1A2718403B2450CFEB5888BA7A" xlink:type="locator" />
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    <link:label id="lab_mtn_CashReceivedFromSaleOfProperty_89D6CB456D93F163A8F4CFEB58881CC1_terseLabel_en-US" xlink:label="lab_mtn_CashReceivedFromSaleOfProperty_89D6CB456D93F163A8F4CFEB58881CC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Received From Sale Of Property</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_83CCFE94C5164F138C40CFEB58885B92" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1F90D5B2DC134E856E74CFEB5888CD99_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1F90D5B2DC134E856E74CFEB5888CD99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities:</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromLoans_2295AEE4DC7C74C4FB53CFEB58888815_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLoans_2295AEE4DC7C74C4FB53CFEB58888815" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from borrowings under Vail Holdings credit agreement term loan</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLoans_2295AEE4DC7C74C4FB53CFEB58888815_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLoans_2295AEE4DC7C74C4FB53CFEB58888815" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Loans</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_D7686A5EB051777FBE31CFEB58885F25_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_D7686A5EB051777FBE31CFEB58885F25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Lines of Credit</link:label>
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