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
Highland Scottish November 1989. After a brief interval, the assets and services of Inverness Traction were purchased by the Stagecoach Group. Highland, perhaps aware it could not sustain competition against a national operator with a reputation for swift and successful competition, scaled down the level of service against the new operator. Soon after, Stagecoach would purchase the Inverness and Tain operations of Highland Scottish and become the dominant operator of Inverness area services. In August 1991, Highland Scottish was sold to a consortium made up of Rapson's Coaches, a coach operator based near Inverness, and recently privatised Scottish Citylink, for £800k. In