The Albuquerque International Balloon Fiesta is a yearly hot air balloon festival that takes place in Albuquerque, New Mexico, during early October. The Balloon Fiesta is a nine-day event occurring in the first full week of October, and has over 500 hot air balloons each year far from its humble beginnings of merely 13 balloons in 1972. The event is the largest balloon festival in the world, followed by the Grand Est Mondial Air in France.