Originally Posted by
altasnob
The moment in time this all started was 1996. That year, Vail (which already owned Beaver Creek) purchased Breckenridge and Keystone and then started to offer the "buddy pass." I moved to Colorado the first year of the buddy pass and you literally had to buy the pass in groups of four, in person, at Christy Sports. There was a line out the door to buy the pass.
After the buddy pass, the MBA bean counters at Vail started crunching the numbers and realized they make way more money selling cheap, multi-resort passes in large quantities, along with very expensive day tickets, than they do selling small numbers of expensive season passes and cheap day tickets. The goal was to bring as manny people as they can to the resorts because where they really make money is not the skiing, but all the crap at the base.
Vail started expanding their empire and the Epic Pass was born. Not to be outdone, Private equity money felt they could do what Vail is doing better than Vail and hence Alterra and the Ikon Pass.
What I worry about is the monopolization of the ski industry into either Vail or Alterra. People seem happy with the cheap multi-resort passes. But what happens when these passes are not so cheap? What happens when your closest mountain is a Vail or Alterra owned resort and you are stuck with their corporate bullshit?