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I grew up in New Orleans and let me tell you --Bourbon street is soo much fun for New Years! I would definitely try to stay somewhere close to Bourbon street but everything will be pricey. The Columns is a great place to stay-but it's more uptown than downtown, not near Bourbon Street. If you are looking for an inexpensive hotel, I woud recommend staying in a suburb like Metarie--You can always cab it into the city, which might work better. Cabs are very popular there. I would definitely check out Orbitz for hotel prices. They usually have great deals on hotels! Have fun!
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