Dunoon the popularity of overseas travel increased. In 1961, during the height of the Cold War, Dunoon became a garrison town to the United States Navy. In 1992, they closed their Holy Loch base, and Dunoon suffered an economic downturn. Since the base's closure, the town and surrounding area are again turning to tourism, marketing to outdoor enthusiasts and wildlife lovers as well as promoting festivals and competitions. The largest annual event held in the town is the Cowal Highland Gathering. The Royal National Mòd has been held in the town seven times and in 2018 will again be held at
The Gathering 2009 fiasco in the Scottish Press. The Gathering took place at Holyrood Park between 25–26 July. On the evening of 25 July, about 20,000 people lined the Royal Mile and watched the parade of about 8,000 clan members and pipe bands march from the Palace of Holyroodhouse to Edinburgh Castle Esplanade. The Duke of Rothesay officially opened the weekend event, which attracted over 47,000 people from at least 40 different countries. 125 Scottish clans were represented and 85 clan chiefs were also present. Visitors enjoyed traditional Highland Games, piping, dancing, live music performances, and sampled Scottish food, drink, as well as