Yes, you can absolutely make a big batch of cranberry orange margaritas for a party!  For 8 servings: Combine 1.5-cups of tequila, 2-cups cranberry juice, 1-cup orange juice, 1-cup orange liqueur, and 0.5-cup simple syrup (if using) in a large pitcher or punch bowl. Pour into ice filled glasses and garnish with orange slices and cranberries.