The festival that involves the release of thousands of floating lanterns into the sky is celebrated during Yi Peng or the Loy Krathong festival in Thailand. Typically held in November, participants release these lanterns as a way to commemorate the full moon and seek forgiveness from the water spirits. The sight of thousands of lanterns illuminating the night sky is both breathtaking and symbolic, representing hopes and wishes. The festival not only brings people together in celebration but also highlights the importance of water and nature in Thai culture.