Another mild winter has hit U.S. resorts, and Vail Resorts (MTN -0.35%) is feeling the pain with visitation down across the board. In this video, Travis Hoium shows how bad it's gotten at resorts and why the upcoming season pass season will be critical to the company.

*Stock prices used were end-of-day prices of March 14, 2024. The video was published on March 18, 2024.