Colorado Springs and Albuquerque already have well-known hot-air balloon festivals.
The Colorado Balloon Classic is a tradition at Memorial Park in Colorado Springs over Labor Day weekend.
The Albuquerque International Balloon Fiesta is held annually in early October.
Now, there may be a spring balloon festival just down the road from the Springs.
Cañon City officials are hoping to host a balloon festival May 24 to 26, according to the Cañon City Daily Record.
"The Albuquerque Balloon Festival did about $91 million net," said Rob Brown, interim executive director of the Fremont Economic Devlopment Corp. "The Colorado Springs Balloon Classic brings in 50,000 spectators a day.
"We've got our toe in the water here."
The local event would have six hot air balloons, Brown said. If it's a success, a full-fleged festival will be planned for 2015, Brown said.