Party Time Alternanthera plants, also known as Joseph's Coat or Parrot Leaf plants

1. Foliage: The Party Time plant features stunning pink and green variegated leaves. The leaves have a vibrant color combination that adds a festive and lively touch to any space.

2. Compact Growth: This plant typically grows in a compact manner, making it suitable for both indoor and outdoor settings. It can reach a height of around 2-3 feet, making it a versatile choice for various 

3. Low Maintenance: Like other Cordyline varieties, the Party Time plant is relatively low maintenance. It prefers bright, indirect light but can tolerate some shade. It thrives in well-draining soil and requires regular watering to keep the soil evenly moist.

4. Versatility: The Party Time plant can be grown both indoors and outdoors, depending on the climate. In warmer regions, it can be planted in gardens, landscapes, or as a focal point in containers. Indoors, it makes an excellent addition to tabletops, shelves, or as a decorative plant.

5. Tropical Vibes: The Party Time plant is reminiscent of tropical foliage, adding a touch of exotic beauty to any space. Its vibrant colors and unique pattern make it a standout plant that can enhance the overall aesthetics of your home or garden.

Please note that there may be regional variations or different plant cultivars known as the Party Time plant. The information provided here is based on the specific Cordyline fruticosa 'Party Time' plant from California.