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Vail Resorts Is Selling More Passes Than Ever -- Here's Why Investors Should Pay Attention

Ski resort operator Vail Resorts (NYSE: MTN) recently reported its latest results, and the company reported that it is selling more seasonal passes than ever before. In this Fool Live video clip, recorded on Sept. 28, Millionacres editor Deidre Woollard and senior analyst Matt Frankel, CFP, discuss why passes can be such a big revenue driver, beyond the obvious reasons. Deidre Woollard: Let's dive into talking about the passes thing because this is really interesting to me in understanding Vail's fundamentals.