You'll find plenty of festival accommodation in the city, whether your after luxury, a basic hotel or a hostel.
Though chances are you'll be spending most of your time out of doors.
The festival takes place at new year and dates back to the Protestant reformation in 1560 when Christmas was banned.
Workers had no time off for the festive period so used the days afterwards to spend time with their loved ones and exchange gifts.
Nowadays, the celebration is still as important and well-recognised.
Settle into your Edinburgh accommodation and then head to Princes Street, which is where the festivities are centred on New Year's Eve.
The city is renowned for its street party, so you can expect to be joined by more than 100,000 revellers.
Unsurprisingly, the celebration is ticketed, so make sure you don't miss out and get your pass in advance.
Enjoy live acts performing across two stages between 22:00 GMT and 01:00 GMT and make use of the food stands and bar in-between sets before joining in the chorus of Auld Lang Syne at midnight while watching the firework display over Edinburgh Castle.
If you'd prefer something a little less cramped but just as much fun, you might choose instead to spend Hogmanay attending the Ceilidh in the Gardens event.
You'll need a ticket to attend, but it's sure to be worth spending the evening singing traditional songs with dancing and fiddle accompaniment.
After midnight, you can continue to party on until dawn if you wish, or head back to your accommodation for some well-earned rest.
The following morning, give yourself a proper waking up by taking part in the Loony Dook Mid-Winter Swim.
Those brave enough to participate are led through the city's street by a pipe band to the Forth, where they proceed to dive into the freezing water for a swim without a wetsuit in the name of charity.
If you join them, you can expect a cup of warm soup and a hot toddy waiting for you when you re-emerge.