The New Year's celebration is Hong Kong's biggest event of the year. The three-day extravaganza includes a colorful parade on the first day, a brilliant display of fireworks over Victoria Harbour on the second day and horse races on the third. To best take advantage of all Hong Kong has to offer during this celebration, travelers should stay near the action.Fortunately, Hong Kong has long been a popular destination for both business and pleasure travelers and fantastic hotels are abundant in the area.

The Ritz-Carlton Hong Kong is a five star hotel located close to the New Year's parade route. Rooms feature spectacular views of Victoria Peak, the city or, for a higher price, the harbor. The d