Details are here: http://www.prescottaz.com/main.asp?ArticleID=94933&SectionID=1&SubSectionID=1086&S=1
Looks interesting. A 16 hot air balloon launch at 5:45 am, and a balloon glow (where the balloons inflate and glow in the dark but don’t take off) at 8:30 pm.
In the early 80’s I went on a hot air balloon ride in the Phoenix area, it was quite an experience.