The festival marked by the release of sky lanterns in Thailand is known as Loy Krathong. This enchanting event, typically held in November, symbolizes the letting go of misfortunes and the welcoming of good luck. Participants release lanterns into the sky and float krathongs (decorated baskets with candles) on water bodies. The warm glow from the lanterns creates a mystical atmosphere, representing the hopes and wishes of individuals. Loy Krathong fosters a sense of connection to nature, encourages reflection, and strengthens community ties among the participants.