The company has already hosted the Bristol International Balloon Fiesta, Bristol's Half marathon and Bath Christmas Festival.

BBC: Bristol Harbour Festival organiser announced

The estate, home to the city's Balloon Fiesta and an annual two-day music festival, could be boosted by a variety of new facilities.

BBC: Council reviews estate refurb plan

Fueled by Albuquerque's crisp fall climate and predictable air currents that allow balloonists to control their flights, the Balloon Fiesta attracts some 700 balloons from more than 50 countries.

CNN: 7 breathtaking ballooning adventures

Albuquerque International Balloon Fiesta (October 6-14): What started in 1972 as a local radio station promotion to round up the most hot air balloons in one place has become the world's largest ballooning gathering and, boast organizers, the most photographed event anywhere.

CNN: 7 breathtaking ballooning adventures