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Alterra will pay some Ikon passholders 'mountain credits' to come ski

The company is offering $20 credits for visits to its resorts
The latest economic impacts for Colorado's ski areas
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COLORADO — As warm temperatures and record-low snowpack plague the ski season, one company is offering to pay its passholders in credits to come ski.

An email sent to some Ikon passholders Tuesday offered $20 "mountain credits" for each day (up to three days) skied at U.S. Ikon resorts between now and Feb. 25 for up to $60 in credits.

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The credits can be used at participating restaurants, rental shops and retail stores in Steamboat and Winter Park, as well as at ski resorts in other states. There are more than 60 Ikon Pass destinations across 13 countries, including Winter Park, Arapahoe Basin, Copper Mountain, Eldora, Steamboat and Aspen Snowmass in Colorado.

The offer comes as the slow start to the season has been cutting into ski industry revenue from things like lodging, dining, rentals and other money skiers typically spend once they're on the mountain.

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Alterra, the company that owns the Ikon Pass, doesn't report skier visits, but its top competitor, Epic Pass operator Vail Resorts, reported a 20% drop in visitors and a a 15.9% drop in revenue from food sales earlier this season. The company attributed the drops to "one of the worst early season snowfalls in the western U.S. in over 30 years."

An Alterra spokesperson said in an email that although its been a "tough early season," the recent storm "brought much needed snow to Steamboat, Winter Park and A-Basin."

The spokesperson did not say whether the promotion is tied to low skier traffic or lost revenue.

Mountain credits will be added to skiers' Ikon accounts by March 6 and expire May 31, an email announcing the promotion said. Skiers and riders must register for the promotion to be eligible.

Mountain credits were first offered to some passholders in 2025 for use this season in lieu of a renewal discount, according to the Alterra spokesperson. It's not clear if all passholders are eligible for the current promotion.

Here's where you can redeem the credits:

Steamboat

Food & Beverage

Retail

Rentals

Winter Park

Food & Beverage

Retail

Rentals

Mountain credits are also redeemable at participating locations at resorts in other states: Big Bear Mountain Resort, Crystal Mountain Resort, Deer Valley Resort, June Mountain, Mammoth Mountain, Palisades Tahoe, Schweitzer, Snowshoe Mountain, Solitude Mountain Resort, Stratton and Sugarbush.

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