VDay, cause it has the best mount ever!
I think if I have to choose a holiday, as I enjoy most of them, my favorite would be Winter Veil. It's jolly and the only one that really feels like a holiday from everyday things (probably 'cause most people are on holiday at the same so I see a lot of friends and guildies popping on and off wishing each other Merry Christmas, Happy Holidays or Happy Winter Veil). On top of which, the first thing I saw in wow and which really grabbed me into playing was the snow in Dun Morogh; the slightly echoing sound from the snow covered mountains and hills and the wonderfully snowy crunch as you walked. I love the reminder of that and the fun I had my first Winter Veil with my guild as we went up to Alterac to find the Abominable Yeti together and had a massive snow ball fight. Snow plus jollyness, plus everyone off work and cheerful makes Winter Veil the best WoW holiday simply for the atmosphere. I also like the lore of respecting the turning of the seasons and paying attention to what's going on with the natural world around us. And on top of that there's lovely pets (baby reindeer!) and turning your mounts into reindeers with bells!
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Maybe Blizz could do a Veteran's Day celebration, something to show appreciation to the Soldiers and veterans that play.
for me xmas is my favorite holiday, i get to hang out on xmas with my wow family plus i get to transform my mount i to a reindeer.
Feast of Winter Veil is the best. Lots of decorations around the cities, with simple quests to do. Plus we get free presents under the tree!
Winter's Veil is always my favorite. It just somehow captures that jolly spirit of Christmas perfectly.
For me it's Winter Veil. I live in Denmark, and it's just fun to see how other parts of the world celebrates christmas - opening presents in the morning the 25th, instead of the evening of the 24th like we do in my country. And also all the decorations in Orgrimmar and the other places. Plus christmas is just a time full of happiness and joy!
Hallow's End is my favorite ... I guess it's because my main toon is undead, but I just love the feel of the holiday, and I love this time of year.