Hoisting a banner is a common method of indicating a message or a symbol in various events and occasions. However, there are several synonyms for the term 'hoist a banner' that can be used in different contexts. Some of the alternatives for hoisting a banner include 'raising a flag,' 'flaunting a pennant,' 'unfurling a standard,' 'displaying a ensign,' or 'hanging a banner.' Depending on the nature of the event or occasion, one can choose to use any of these synonyms to denote the act of raising a banner or flag. Regardless of the synonym used, hoisting a banner remains a significant way of sending a message or symbolizing a cause.