Valerie Bertinelli is inspired to do some holiday entertaining, and to celebrate the completion of her backyard tiki bar, she's hosting a retro cocktail party complete with tiki torches, Polynesian-inspired bites and plenty of tinsel. She invites old pals from the Hot in Cleveland crew to join the party.

Valerie Bertinelli invites her pals Melissa Peterman and Nicole Sullivan over for a white elephant gift exchange because one person's disaster is another person's delight. Valerie's delicious treats make up for all the regrettable regifts, and there may even be a surprise appearance from a certain jolly gentleman.

Valerie Bertinelli and her husband, Tom, were married on New Year's Day, and this year they're celebrating their anniversary with a variety of lucky New Year's foods for an extra jolt of good luck for the coming year.