Australia 's Byron Bay hosts one of the country 's largest parties on New Year 's Eve . December 31 sees crowds converge on 10 bonfires lit around Iceland 's capital before revelers make their way to Hallgrimskirkja church , a dramatic 73-meter-high building designed to resemble the country 's lava flows . Comment: Paper lanterns filled with wishes are released into the sky in Chiang Mai .
Australia 's Byron Bay hosts one of the country 's largest parties on New Year 's Eve . Comment: Paper lanterns filled with wishes are released into the sky in Chiang Mai .