Madeira, Portugal
Located off the coast of Morocco in the Atlantic Ocean, Madeira is a microcosm of its home country, Portugal. The capital, Funchal, whose port is arranged like an amphitheater, is the perfect place to set off fireworks. On New Year's Eve, the world's largest fireworks display will be staged here. In fact, the island is performing all winter. In December, the streets are filled with fairytale lights and exquisite presépios (nativity scenes). In late February, an epic carnival (pictured) kicks off with elaborate feather costumes, music, traditional dances, over-the-top floats and an outdoor party where revelers indulge in malassadas (fried dough) served with molasses.
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Innsbruck, Austria
To ski or not to ski? This is the problem in Innsbruck, which is rich in winter sports as well as historical and cultural offerings. The city was the site of the 1964 and 1976 Winter Olympics. A mountain resort can be reached via a ropeway in the city center; Another ski area is located above the glacier, and even if it doesn't snow much, good snow is almost guaranteed for skiing. Sbruck's splendid palaces, churches and cobblestone neighborhoods are made even more charming by the absurd stories of the royals who once lived here.