Reykjavik, Iceland

What’s the celebration: Iceland’s capital has a vibrant nightlife that belies the city’s small size. On New Year’s Eve, the hardcore partying locals throw a citywide celebration that lasts till the wee morning hours. The party begins with community bonfires, intended to symbolize the burning away of the previous year’s problems, and thousands of fireworks light up the sky from every corner of the town. For the excellent view, head to the prelim, or pearl, which offers an exquisite view of the metropolis and hosts a new year’s eve celebration with dinner, drinks, and dancing. In case you make it to 5 a.m., be part of the locals queuing up for hangover-assisting hot dogs, or head to the new springs for a rehydrating soak.

Where to stay: with panoramic perspectives over the festivities, the luxury rooms at downtown’s room with a view put guests near the action but above the fray. roomwithaview.is