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
Fergus Scottish Festival and Highland Games and historical re-enactments provide additional entertainment. There are also activities for children, including sword fighting and archery. An evening concert on Saturday features a variety of musical entertainment. The festival hosts a venue for the sale of food, crafts and souvenirs. Fergus Scottish Festival and Highland Games The Fergus Scottish Festival and Highland Games is a three day cultural festival which has been held in the town of Fergus, Ontario for more than 70 years. The festival includes events leading to the World's Scottish Athletic Championship. It is the oldest festival of its kind in North America. The festival was