New Year and A Ritual?

The most common questions that do the rounds as new year's eve approaches and until a few days after we are in to the next year are: "What are you doing for New Year's Eve?" or "How did you welcome the new year?"

When a certain action is repeated, does it not become a ritual(not in the sense of a religious ritual)? Aren't rituals boring and meaningless?

While every weekday repeats itself, once every seven days, every month repeats itself once every year, so does every year repeat itself once every 365 days. What's so special about a New Year? It is just another day, another year that will soon roll by. A calender whose leaf is turned. Does it not become a ritual to celebrate and welcome the new year, year after year? It is a mere excuse to party, let your hair down and spend time with loved ones while Clubs make their profits(that is perfectly fine, warranted and acceptable). Then why so much ado about nothing? It is a ritual at the end of the day, ain't it?