It’s interesting how Vail and Alterra structured their 20/21 pass “assurance” differently.
Alterra has a looming early purchase deadline. Vail doesn’t. Not exactly new there though. Vail always has a low bar for purchase early. Just some extra buddy passes, with no or minor price hikes even if you can”t buy early. But this year, the stake is higher for some, those with a large renewal credit.
Alterra allows “no question ask” deferral. Vail doesn’t.
Vail offers refund if a mountain is not open, not just a deferral which Alterra offers. But Vail doesn’t allow pass holder to “just“ change their mind, which Alterra does. However, when Alterra let you defers to next year, renewal pass holders also lose all of the credits from 19/20. Though for some, it wasn’t nearly as big a credit as Vail pass holders who didn’t get to use their pass in 19/20.
Now Alterra extends the time a pass holder can opt to defer, still at their own wish. Vail is probably under a bit of pressure to allow some sort of pass holder freedom, instead of holding all the refund decisions to Vail.
At this point, the biggest sticking point is the daily skier cap. There“s a real danger that Vail mountains will open. But due to the skier cap, one may not be able to get any skiing days in at all. Without the option for pass holder to initiate a no-question-ask refund, the risk is pretty high that one’s entire pass cost goes to waste!
For me in the northeast, Vail Epic pass makes a lot more sense. Plus I would be renewing, with a small credit. At the moment, I don't have to make any decision as the deadline is still 2 months away. However, my chance of buying an Epic pass, albeit small to begin with, will be exactly zero without some sort of refund option thats entirely within the pass holder’s control.