The Sinulog Festival is a grand celebration of faith and culture in Cebu. It is held every third Sunday of January and attracts thousands of visitors from all over the world. The festival is highlighted by a colorful parade and a grand street dancing competition. Participants wear vibrant costumes and dance to the beat of drums and other musical instruments. The festival is a great choice for budget-conscious travellers as it is free to attend and offers a unique cultural experience.