Yi Peng Festival is one of Thailand’s iconic historical and cultural heritages that has been welcoming thousands of visitors every year. This festival has been incorporated into the annual Loi Krathong Festival that is celebrated nationwide on the full moon of the 12th lunar month. It is considered to be the most ethereal event and has a lot of religious and cultural significance. The best-known Yi Peng event takes place in Chiang Mai where colorful lanterns are hung outside homes and temples, sky lanterns or ‘khom loi’ are released, and locals wearing traditional Lanna clothing take part in street parades and local celebrations.