The Pasadena New Year's Day parade officially known as the Tournament of Roses Parade is commonly called the Rose Parade.
Although it takes place on January 1 rather than December 31, the Rose Parade is closely connected with the New Year's holiday in the United States. It features elaborate floats covered with natural materials, marching bands, equestrian units, and other performers. The event is held in Pasadena, California, usually along Colorado Boulevard.
The first parade took place in 1890, organized by the Pasadena Valley Hunt Club. Its floral floats were intended to showcase Southern California's mild winter climate to visitors from colder regions. The Tournament of Roses later became associated with the Rose Bowl college football game, which is played on or around New Year's Day.
The official name is Tournament of Roses Parade, while “Rose Parade” is the widely used short name. It is not a midnight New Year's Eve event, but a major New Year celebration on the following morning.