The song became the group's biggest hit in the United States, peaking at number 26 on the US Billboard Hot 100 and selling 405,000 copies.
The single proved a higher seller than "Up and Down" in the United Kingdom, where it peaked at number 3 in March 1999, eventually selling 474,000 copies, making it the 29th biggest hit of the year.
The song received positive reviews. Billboard wrote about the song: "This wildly energetic foursome (two gals, two guys) from the Netherlands is pretty much a household name throughout Europe, where this infectious pop gem has been a constant on radio and in clubs. Already, "We Like To Party!" has gone platinum and double -platinum in Belgium and the act's homeland, respectively. Here, the song could meet a similar fate, especially since it features a sugar-soaked sing-along chorus that hangs out in your head until you beg for relief. That said, people who embraced Aqua's "Barbie Girl," Cleopatra's "Romeo And Juliet," and Los Del Rio's "Macarena" will be lining up for this latest slice of energetic pop. Are you listening, radio? (It's already hit No. 1 on the playlist of dance leader WKTU New York.) Conversely, this will be a no-brainer for club jocks, who continue to make major noise with the group's sweat-soaked debut, "Up And Down"."
The music video for "We Like to Party" was directed by Wendelien van Diepen. It first aired in March 1999. The video features all four Vengaboys members travelling to various destinations in Province of Barcelona, Piera and Gavà, in a 1930s style mini-bus, the "Vengabus" (a 1933s Chevrolet Bus), where they end up in a nightclub in La Barceloneta, Barcelona.
The song is used as the entrance music for British professional wrestler Liam Slater.
The song is sung by supporters of the Northern Irish grammar school Royal Belfast Academical Institution after their School's Cup Rugby matches, most recently after their Cup Final win against Methodist College Belfast, their bitter rivals.
This song is used for the EFY line dance that is done at every session of EFY.