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
Cowal of James VII, so the Campbells once again ultimately retained their lands. After the Jacobite rising of 1745 when James Francis Edward Stuart attempted to regain the throne, the lack of roads in the Highlands prevented the British army from advancing to quell areas of unrest. General Wade was tasked with implementing a programme to build military roads from north-central Scotland through the Highlands to the forts in the Great Glen. They were constructed by officers and soldiers. William Caulfeild succeeded Wade in 1740 and constructed the road from Dumbarton via Tarbet to Inveraray through the Cowal where it is