Preparation: Pour in triple sec, then champagne, then cranberry juice into a champagne flute. Stir.
General Comments: I don't really understand what the name is about. On the other hand, I do like holidays, so that's something.
Basically, this is fizzy rose wine. Which is fine, because fizzy rose wine is delicious. The only hints that aught is amiss is an increase of sweetness, and an aftertaste of orange, both of which are entirely welcome. In other words, there's nothing specific that one can criticise this cocktail. It's just a bit... boring, frankly.