The Albuquerque International Balloon Fiesta is an annual hot air balloon festival that takes place in Albuquerque, New Mexico, in the United States. It is the largest hot air balloon festival in the world, and it attracts over 500,000 visitors each year. The festival was first held in 1972, and it has grown in popularity over the years. The 2025 festival will be the 50th anniversary of the event.
The festival is a major economic driver for Albuquerque. It is estimated that the festival generates over $100 million in revenue for the city each year. The festival also creates jobs and supports local businesses.