Hot Air Balloon Festival is the most spectacular event of the year, held in every November in Taunggyi commonly known the Taunggyi Tazaungdaing Festival. Traditionally it is to pay homage to the Sulamuni Pagoda in the abode of the Celestial Beings by sending up lighted Hot Air Balloons. Thousands of local pilgrims and tourists visit Taunggyi to see the Hot Air Balloon Competition. Hot Air Balloons are released day and night, competing over their beauty and fireworks of Hot Air Balloons. Day time competition is for beauty of animal figures Hot Air Balloons and night time competition is for beautiful fireworks of Hot Air Balloons.