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    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D48D46F544D3E77025776A9A0516F0B1_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D48D46F544D3E77025776A9A0516F0B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
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    <link:label id="lab_us-gaap_AccountsReceivableNetCurrent_78BA43F8AE72165DEAEF6A9A05167759_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_78BA43F8AE72165DEAEF6A9A05167759" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_78BA43F8AE72165DEAEF6A9A05167759" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryNet_B93A7B6ADB256BDD03A06A9A0516CFCF_verboseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_B93A7B6ADB256BDD03A06A9A0516CFCF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Inventories, net</link:label>
    <link:label id="lab_us-gaap_InventoryNet_B93A7B6ADB256BDD03A06A9A0516CFCF_label_en-US" xlink:label="lab_us-gaap_InventoryNet_B93A7B6ADB256BDD03A06A9A0516CFCF" 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_CF3FC194FD02FEFBD4A86A9A051688F8_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_CF3FC194FD02FEFBD4A86A9A051688F8" 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_CF3FC194FD02FEFBD4A86A9A051688F8_label_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_CF3FC194FD02FEFBD4A86A9A051688F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Current</link:label>
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    <link:label id="lab_us-gaap_AssetsCurrent_B38434AFF4E3B4A62DE86A9A05160A87_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_B38434AFF4E3B4A62DE86A9A05160A87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_us-gaap_AssetsCurrent_B38434AFF4E3B4A62DE86A9A05160A87_label_en-US" xlink:label="lab_us-gaap_AssetsCurrent_B38434AFF4E3B4A62DE86A9A05160A87" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_B38434AFF4E3B4A62DE86A9A05160A87" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_8F488C727D860F1AEB816A9A051676FE_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_8F488C727D860F1AEB816A9A051676FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
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    <link:label id="lab_us-gaap_InventoryRealEstate_9DDB96B35A03959CFBA86A9A05162BDC_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryRealEstate_9DDB96B35A03959CFBA86A9A05162BDC" 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_9DDB96B35A03959CFBA86A9A05162BDC_label_en-US" xlink:label="lab_us-gaap_InventoryRealEstate_9DDB96B35A03959CFBA86A9A05162BDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Real Estate</link:label>
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    <link:label id="lab_us-gaap_Goodwill_EC6AA166C475396A6F996A9A051663AF_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_EC6AA166C475396A6F996A9A051663AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill, net</link:label>
    <link:label id="lab_us-gaap_Goodwill_EC6AA166C475396A6F996A9A051663AF_label_en-US" xlink:label="lab_us-gaap_Goodwill_EC6AA166C475396A6F996A9A051663AF" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_EC6AA166C475396A6F996A9A051663AF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_B2649A0171ECAE6B84796A9A0516DB65_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_B2649A0171ECAE6B84796A9A0516DB65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
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    <link:label id="lab_mtn_InvestmentsInSubsidiaries_32EC9E79963E3EF68F086A9A0516170A_terseLabel_en-US" xlink:label="lab_mtn_InvestmentsInSubsidiaries_32EC9E79963E3EF68F086A9A0516170A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in subsidiaries</link:label>
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    <link:label id="lab_mtn_AdvancesToFromParent_B1C8A1C909689DFB81036A9A05162825_terseLabel_en-US" xlink:label="lab_mtn_AdvancesToFromParent_B1C8A1C909689DFB81036A9A05162825" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
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    <link:label id="lab_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Less: Current maturities</link:label>
    <link:label id="lab_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3_label_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Current Maturities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtCurrent" xlink:label="loc_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3" xlink:to="lab_us-gaap_LongTermDebtCurrent_33300BBFC30686FCA4F86A9A082834F3" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtNoncurrent_13FB737CDE090E5222716A9A08287B1C_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_13FB737CDE090E5222716A9A08287B1C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaap_LongTermDebtNoncurrent_13FB737CDE090E5222716A9A08287B1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtNoncurrent_13FB737CDE090E5222716A9A08287B1C" xlink:to="lab_us-gaap_LongTermDebtNoncurrent_13FB737CDE090E5222716A9A08287B1C" xlink:type="arc" />
    <link:label id="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2_verboseLabel_en-US" xlink:label="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fiscal year maturity</link:label>
    <link:label id="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2_label_en-US" xlink:label="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Year of Maturity</link:label>
    <link:label id="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2_documentation_en-US" xlink:label="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument, Year of Maturity</link:label>
    <link:loc xlink:href="mtn-20130430.xsd#mtn_DebtInstrumentYearOfMaturity" xlink:label="loc_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2" xlink:to="lab_mtn_DebtInstrumentYearOfMaturity_69EA9612749E4B89EE0A6A9A082811E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fiscal year maturity, start</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Maturity Date Range, Start</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentMaturityDateRangeStart1" xlink:label="loc_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9" xlink:to="lab_us-gaap_DebtInstrumentMaturityDateRangeStart1_5C43C59AD1AEBBF637936A9A08282DE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fiscal year maturity, end</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Maturity Date Range, End</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentMaturityDateRangeEnd1" xlink:label="loc_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB" xlink:to="lab_us-gaap_DebtInstrumentMaturityDateRangeEnd1_0258D54D1693D0216DD66A9A082829AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stated percentage in the debt instrument</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_800EF03B66E238AF66496A9A0828B873" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Long term debt interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate During Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentInterestRateDuringPeriod" xlink:label="loc_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A" xlink:to="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_A1245194E198AE802C056A9A0828768A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_4BD2C6D70F522205E8736A9A067CA03C_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_4BD2C6D70F522205E8736A9A067CA03C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_4BD2C6D70F522205E8736A9A067CA03C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_4BD2C6D70F522205E8736A9A067CA03C" xlink:to="lab_us-gaap_IncomeStatementAbstract_4BD2C6D70F522205E8736A9A067CA03C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net revenue:</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907" xlink:to="lab_us-gaap_RevenuesAbstract_7DD343759200F110A5EC6A9A067C0907" xlink:type="arc" />
    <link:label id="lab_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260_terseLabel_en-US" xlink:label="lab_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mountain</link:label>
    <link:label id="lab_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260_label_en-US" xlink:label="lab_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260" 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_56AB2F1245E7D1BCA4566A9A067CC260_documentation_en-US" xlink:label="lab_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260" 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-20130430.xsd#mtn_MountainRevenueNet" xlink:label="loc_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260" xlink:to="lab_mtn_MountainRevenueNet_56AB2F1245E7D1BCA4566A9A067CC260" xlink:type="arc" />
    <link:label id="lab_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A_terseLabel_en-US" xlink:label="lab_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A" 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_04B1C5CDBC66783E0EF06A9A067C125A_label_en-US" xlink:label="lab_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A" 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_04B1C5CDBC66783E0EF06A9A067C125A_documentation_en-US" xlink:label="lab_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A" 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-20130430.xsd#mtn_LodgingRevenueNet" xlink:label="loc_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A" xlink:to="lab_mtn_LodgingRevenueNet_04B1C5CDBC66783E0EF06A9A067C125A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateRevenueNet_F4E067509B030C13FC9C6A9A067D07CC_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_F4E067509B030C13FC9C6A9A067D07CC" 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_F4E067509B030C13FC9C6A9A067D07CC_label_en-US" xlink:label="lab_us-gaap_RealEstateRevenueNet_F4E067509B030C13FC9C6A9A067D07CC" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstateRevenueNet" xlink:label="loc_us-gaap_RealEstateRevenueNet_F4E067509B030C13FC9C6A9A067D07CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateRevenueNet_F4E067509B030C13FC9C6A9A067D07CC" xlink:to="lab_us-gaap_RealEstateRevenueNet_F4E067509B030C13FC9C6A9A067D07CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueNet_816FDE131DA3BE869CE76A9A067D5D94_totalLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_816FDE131DA3BE869CE76A9A067D5D94" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total net revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaap_SalesRevenueNet_816FDE131DA3BE869CE76A9A067D5D94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueNet_816FDE131DA3BE869CE76A9A067D5D94" xlink:to="lab_us-gaap_SalesRevenueNet_816FDE131DA3BE869CE76A9A067D5D94" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment operating expense (exclusive of depreciation and amortization shown separately below):</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803" xlink:to="lab_us-gaap_OperatingExpensesAbstract_A0190BCBD233E8A1BF846A9A067D6803" xlink:type="arc" />
    <link:label id="lab_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B_terseLabel_en-US" xlink:label="lab_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B" 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_DA06D2EF9F3BB4F1CB466A9A0682B46B_label_en-US" xlink:label="lab_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B" 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_DA06D2EF9F3BB4F1CB466A9A0682B46B_documentation_en-US" xlink:label="lab_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B" 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-20130430.xsd#mtn_MountainExpensesNet" xlink:label="loc_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B" xlink:to="lab_mtn_MountainExpensesNet_DA06D2EF9F3BB4F1CB466A9A0682B46B" xlink:type="arc" />
    <link:label id="lab_mtn_LodgingExpensesNet_769AC1967F230433C2E16A9A06824321_terseLabel_en-US" xlink:label="lab_mtn_LodgingExpensesNet_769AC1967F230433C2E16A9A06824321" 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_769AC1967F230433C2E16A9A06824321_label_en-US" xlink:label="lab_mtn_LodgingExpensesNet_769AC1967F230433C2E16A9A06824321" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lodging Expenses Net</link:label>
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    <link:label id="lab_us-gaap_InterestExpense_0A303B298FBE71302E876A9A0683BF3D_label_en-US" xlink:label="lab_us-gaap_InterestExpense_0A303B298FBE71302E876A9A0683BF3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
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    <link:loc xlink:href="mtn-20130430.xsd#mtn_SkiSchoolMember" xlink:label="loc_mtn_SkiSchoolMember_A92BF69A242F1D25565D6A9A07A6282C" xlink:type="locator" />
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    <link:label id="lab_mtn_DiningMember_0131BFF7F0467319420D6A9A07A6B630_documentation_en-US" xlink:label="lab_mtn_DiningMember_0131BFF7F0467319420D6A9A07A6B630" 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-20130430.xsd#mtn_DiningMember" xlink:label="loc_mtn_DiningMember_0131BFF7F0467319420D6A9A07A6B630" xlink:type="locator" />
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    <link:label id="lab_mtn_OtherMountainRevenueMember_49FFC723F9B0AE5273376A9A07A62D80_terseLabel_en-US" xlink:label="lab_mtn_OtherMountainRevenueMember_49FFC723F9B0AE5273376A9A07A62D80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
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    <link:loc xlink:href="mtn-20130430.xsd#mtn_OtherMountainRevenueMember" xlink:label="loc_mtn_OtherMountainRevenueMember_49FFC723F9B0AE5273376A9A07A62D80" xlink:type="locator" />
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    <link:label id="lab_mtn_ResortMember_BBF61363174D1868B8A36A9A07A6F320_documentation_en-US" xlink:label="lab_mtn_ResortMember_BBF61363174D1868B8A36A9A07A6F320" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Resort [Member]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfRealEstateSales" xlink:label="loc_us-gaap_CostOfRealEstateSales_AAD233631945D7056E7D6A9A083E79E7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShareBasedCompensation_804495FE537035EE6CB86A9A083E860A_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_804495FE537035EE6CB86A9A083E860A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_804495FE537035EE6CB86A9A083E860A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_A319B40331F921E4B0376A9A083E8D94_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_A319B40331F921E4B0376A9A083E8D94" 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_A319B40331F921E4B0376A9A083E8D94_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_A319B40331F921E4B0376A9A083E8D94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
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    <link:label id="lab_us-gaap_OtherNoncashIncome_CEEDF85CDFBB8891484D6A9A083EB2F0_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncome_CEEDF85CDFBB8891484D6A9A083EB2F0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other non-cash income, net</link:label>
    <link:label id="lab_us-gaap_OtherNoncashIncome_CEEDF85CDFBB8891484D6A9A083EB2F0_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncome_CEEDF85CDFBB8891484D6A9A083EB2F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncash Income</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoncashIncome_CEEDF85CDFBB8891484D6A9A083EB2F0" xlink:to="lab_us-gaap_OtherNoncashIncome_CEEDF85CDFBB8891484D6A9A083EB2F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_865FB7B838D43195E8A66A9A083E0770" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities_988E29EA83B770C31ED26A9A083E351C_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities_988E29EA83B770C31ED26A9A083E351C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities_988E29EA83B770C31ED26A9A083E351C_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities_988E29EA83B770C31ED26A9A083E351C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Restricted Cash for Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities" xlink:label="loc_us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities_988E29EA83B770C31ED26A9A083E351C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Trade receivables, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_D99CB15AD4C74B57C2586A9A083E11ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_D20995AADA395934F2F36A9A083EE5B2_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_D20995AADA395934F2F36A9A083EE5B2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Inventories, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_D20995AADA395934F2F36A9A083EE5B2_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_D20995AADA395934F2F36A9A083EE5B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Inventories</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_D20995AADA395934F2F36A9A083EE5B2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RealEstatePeriodIncreaseDecrease_A9579CADD94B14D34EE56A9A083E5342_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstatePeriodIncreaseDecrease_A9579CADD94B14D34EE56A9A083E5342" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in real estate</link:label>
    <link:label id="lab_us-gaap_RealEstatePeriodIncreaseDecrease_A9579CADD94B14D34EE56A9A083E5342_label_en-US" xlink:label="lab_us-gaap_RealEstatePeriodIncreaseDecrease_A9579CADD94B14D34EE56A9A083E5342" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate, Period Increase (Decrease)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstatePeriodIncreaseDecrease" xlink:label="loc_us-gaap_RealEstatePeriodIncreaseDecrease_A9579CADD94B14D34EE56A9A083E5342" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CE5F3334C7BD4D765756A9A083E142A_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CE5F3334C7BD4D765756A9A083E142A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CE5F3334C7BD4D765756A9A083E142A_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CE5F3334C7BD4D765756A9A083E142A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CE5F3334C7BD4D765756A9A083E142A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_56FEFD021320F0C612696A9A083EA41F_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_56FEFD021320F0C612696A9A083EA41F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other assets and liabilities, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_56FEFD021320F0C612696A9A083EA41F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_56FEFD021320F0C612696A9A083EA41F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets and Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_56FEFD021320F0C612696A9A083EA41F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9397BD94575ADF0AE4196A9A083E56BE_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9397BD94575ADF0AE4196A9A083E56BE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_F44F3EFFB743BF2352766A9A0547D714_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_F44F3EFFB743BF2352766A9A0547D714" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_F44F3EFFB743BF2352766A9A0547D714_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_F44F3EFFB743BF2352766A9A0547D714" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_1299E40F2916577708D16A9A054CEB21_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_1299E40F2916577708D16A9A054CEB21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
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    <link:label id="lab_mtn_LandAndLandImprovementsGross_ABFE4C7E9FA702F0AAEE6A9A054C5BAE_terseLabel_en-US" xlink:label="lab_mtn_LandAndLandImprovementsGross_ABFE4C7E9FA702F0AAEE6A9A054C5BAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land and land improvements</link:label>
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    <link:label id="lab_mtn_LandAndLandImprovementsGross_ABFE4C7E9FA702F0AAEE6A9A054C5BAE_documentation_en-US" xlink:label="lab_mtn_LandAndLandImprovementsGross_ABFE4C7E9FA702F0AAEE6A9A054C5BAE" 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_6EEBF8650492379E991D6A9A054C51CF_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingsAndImprovementsGross_6EEBF8650492379E991D6A9A054C51CF" 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_AC36B9FF8C82938002426A9A054CFA35_terseLabel_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentGross_AC36B9FF8C82938002426A9A054CFA35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Machinery and equipment</link:label>
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    <link:label id="lab_us-gaap_FurnitureAndFixturesGross_D78B8B9D8F94E9DDFE086A9A054CCDD8_terseLabel_en-US" xlink:label="lab_us-gaap_FurnitureAndFixturesGross_D78B8B9D8F94E9DDFE086A9A054CCDD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture and fixtures</link:label>
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    <link:label id="lab_us-gaap_CapitalizedComputerSoftwareGross_800541FE03975E12A1A46A9A054D7EBE_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareGross_800541FE03975E12A1A46A9A054D7EBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Software</link:label>
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    <link:label id="lab_mtn_VehiclesGross_5F37514C75FC5B4CF2626A9A054D0166_terseLabel_en-US" xlink:label="lab_mtn_VehiclesGross_5F37514C75FC5B4CF2626A9A054D0166" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles</link:label>
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    <link:label id="lab_mtn_VehiclesGross_5F37514C75FC5B4CF2626A9A054D0166_documentation_en-US" xlink:label="lab_mtn_VehiclesGross_5F37514C75FC5B4CF2626A9A054D0166" 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>
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    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2760E4EFC28C29DA5F916A9A054DA931_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2760E4EFC28C29DA5F916A9A054DA931" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_FC642DEA59D22C4BAECB6A9A054D7BF7_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_FC642DEA59D22C4BAECB6A9A054D7BF7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_FC642DEA59D22C4BAECB6A9A054D7BF7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsAbstract_6ECCB837B52154E04B93F674C88001C9_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_6ECCB837B52154E04B93F674C88001C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_6ECCB837B52154E04B93F674C88001C9_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_6ECCB837B52154E04B93F674C88001C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_6ECCB837B52154E04B93F674C88001C9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsReceivableNetCurrent_1B326087172A9AF30D1EF674C8870263_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_1B326087172A9AF30D1EF674C8870263" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables, net</link:label>
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    <link:label id="lab_us-gaap_InventoryNet_BD96BC06DBC23EB4A28CF674C88703F7_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_BD96BC06DBC23EB4A28CF674C88703F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories, net</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryNet_BD96BC06DBC23EB4A28CF674C88703F7" xlink:to="lab_us-gaap_InventoryNet_BD96BC06DBC23EB4A28CF674C88703F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsCurrent_89FED2F49A2A5BF66639F674C888CCAF_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_89FED2F49A2A5BF66639F674C888CCAF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_1C788BDC5D062FE16CE2F674C888B536_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_1C788BDC5D062FE16CE2F674C888B536" 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>
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    <link:label id="lab_us-gaap_Goodwill_B094AC6F75F5224B8D3AF674C8888012_verboseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_B094AC6F75F5224B8D3AF674C8888012" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Goodwill, net</link:label>
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    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_AF06F82565F76EC44329F674C88828CA_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_AF06F82565F76EC44329F674C88828CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_AF06F82565F76EC44329F674C88828CA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D0CCDF16E7A42F23B6DEF674C8884DB6_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D0CCDF16E7A42F23B6DEF674C8884DB6" 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_D0CCDF16E7A42F23B6DEF674C8884DB6_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D0CCDF16E7A42F23B6DEF674C8884DB6" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D0CCDF16E7A42F23B6DEF674C8884DB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D0CCDF16E7A42F23B6DEF674C8884DB6" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_D0CCDF16E7A42F23B6DEF674C8884DB6" xlink:type="arc" />
    <link:label id="lab_mtn_AccountsPayableAccruedLiabilities_EFC7CC64D05715B5799AF674C8888F75_terseLabel_en-US" xlink:label="lab_mtn_AccountsPayableAccruedLiabilities_EFC7CC64D05715B5799AF674C8888F75" 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:loc xlink:href="mtn-20130430.xsd#mtn_AccountsPayableAccruedLiabilities" xlink:label="loc_mtn_AccountsPayableAccruedLiabilities_EFC7CC64D05715B5799AF674C8888F75" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_59542194B3CCADAF11D6F674C8889D37_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_59542194B3CCADAF11D6F674C8889D37" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent" xlink:label="loc_us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_59542194B3CCADAF11D6F674C8889D37" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesCurrent_EC73C86B1686DB92CD7CF674C888BEF3_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_EC73C86B1686DB92CD7CF674C888BEF3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_EC73C86B1686DB92CD7CF674C888BEF3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LongTermDebtAndCapitalLeaseObligations_91E3BB67332EFF191BEFF674C8889BC3_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtAndCapitalLeaseObligations_91E3BB67332EFF191BEFF674C8889BC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt (Note 4)</link:label>
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    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_82301380C5F7D8CDE185F674C888B8A2_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_82301380C5F7D8CDE185F674C888B8A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
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    <link:label id="lab_us-gaap_CommitmentsAndContingencies_F00583786F86CC64BBFEF674C888D29C_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_F00583786F86CC64BBFEF674C888D29C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_F00583786F86CC64BBFEF674C888D29C" xlink:to="lab_us-gaap_CommitmentsAndContingencies_F00583786F86CC64BBFEF674C888D29C" xlink:type="arc" />
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    <link:label id="lab_us-gaap_PreferredStockValue_D3F480427CE0E94BF2EDF674C889A355_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_D3F480427CE0E94BF2EDF674C889A355" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, $0.01 par value, 25,000,000 shares authorized, no shares issued and outstanding</link:label>
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