Whether the snow is falling and you’re deep into the holiday season, or you’re just looking for a fun excuse to gather friends any time of year, a Favorite Things Party is the perfect theme for any occasion. We especially love this idea as a refreshing alternative to traditional holiday happy hours and ugly sweater parties (no shade—we’ll take any excuse to sip a hot toddy in an ugly sweater!).

If you’re looking to bring the festive spirit of the holidays with a unique twist, this is it. And while our styling inspiration embraces all the cozy charm of December, don’t worry—we’ve got all the tips, tricks, and must-haves to host a “My Favorite Things” party on any day of the year.

“My Favorite Things” Party Product Round-Up

This round-up is a little special. We’ve curated items that will not only help you style the perfect party but also inspire your own “favorite things” gift contribution. Whether you decide to decorate with these adorable candle stands or gift them to a lucky friend is entirely up to you!

  1. Invite
  2. Snowflake Ornament
  3. Shower Steamers
  4. Candle Cake Stand
  5. Lit Wooden House
  6. Chocolates
  7. Reindeer Cake Toppers
  8. Handmade Soap
  9. Gingerbread Pillow
  10. Ribbon
  11. Bow Socks
  12. Bowls

What Is a “My Favorite Things” Party?

Good news: this theme is as fun as it is straightforward. Each guest arrives with one of their favorite things—a thoughtful, practical, or just plain delightful item—to share with the group. Unlike White Elephant or Secret Santa swaps, where gifts can lean silly or hit-or-miss, this exchange is all about sharing items your friends are likely to love. The result? Everyone goes home with new treasures they’re excited to use, not something they’ll quietly re-gift next year (we’ve all been there).

How It Works: The Basics

  • Guests bring three identical items that represent one of their favorite things (set a budget so everyone’s on the same page).
  • During the party, each guest will share their items and gift them to three different people.
  • By the end of the night, everyone has received three new “favorite things” from their friends.

How to Host a “My Favorite Things” Party

Date, Time, Location, Invitations

First things first: pick a date that works for you and your group. During the busy holiday season, aim to give guests at least two weeks’ notice (or more, if you’re feeling like a Type A host). That said, we’re not all Martha Stewart—better late than never! Once you’ve nailed down the date, time, and location, send out invitations that set the tone.

For a winter holiday party, opt for designs with cozy charm—think pine trees, twinkling lights, and seasonal cheer. If you’re hosting a spring gathering or summer garden party, swap out snowy scenes for floral or sunny-hued designs. Whatever the season, make sure your invites include the key details: the theme, gift budget, and any other logistics guests need to know.

Give Guests All the Details

Not everyone will be familiar with the “My Favorite Things” concept, so provide a quick rundown:

  • Each guest brings three identical items to share.
  • Clarify the budget. Is it per item or a total budget? A $10/item limit feels approachable, but set what works best for your group.
  • If you’re providing food, drinks, or themed extras (like a dress code or signature cocktail), let guests know.
  • Hosting a potluck? Share a sign-up link—a simple Google spreadsheet works wonders for coordinating dishes or drinks.

Set the Scene

If you already decorate for the holidays, you’re halfway there: a glowing tree, candles, garlands, and twinkle lights will instantly make your space feel festive. Want to go the extra mile? Add thoughtful touches like seasonal dishware, cozy throw pillows, or a statement centerpiece. For parties outside of the holiday season, adapt your decor to match the vibe: fresh flowers and colorful table linens for spring, citrus accents and string lights for summer, or rich tones and rustic elements for fall.

Prep for the Gift Swap

The key to a smooth “favorite things” exchange? Organization. Here’s how to set it up:

  • Gift Drop-Off Spot: As guests arrive, have a designated table (or space under the tree) for their gifts. A small sign directing them where to place their items will save confusion.
  • Name Draw: During the mingling hour, have each guest write their name on three slips of paper and place them in a bowl. Pro tip: If you already know the guest list, you can prep this step ahead of time.
  • Number Draw: Have each person draw a number to determine the order for the swap (1 through the total number of guests).

When it’s time for the gift exchange, go in order. The guest whose turn it is will draw three names from the bowl and gift their “favorite thing” to those three people. Depending on your group, you can add as much flair as you like—from quick one-liners about why the item is special to full-on show-and-tell presentations.

Repeat until everyone has shared and received their items, and let the oohs, ahhs, and laughs commence!

Final Tips for a Memorable Favorite Things Party

  • Create a Signature Cocktail or Mocktail: A festive drink sets the tone. Think peppermint hot cocoa for winter or sparkling citrus spritzers for summer.
  • Set the Playlist: Curate a fun, upbeat mix to keep the energy going all evening.
  • Send Guests Home Happy: Provide cute bags or boxes for everyone to carry their new treasures home.

With the right mix of thoughtful details and a warm, welcoming atmosphere, a “My Favorite Things” party is guaranteed to be a hit—whether you’re celebrating the holidays, summer sunshine, or just the joy of being together.
So go ahead, gather your favorite people, share your favorite finds, and make some unforgettable memories. Cheers to a party that’s all about the things (and people) you love most.