A form of a godess, in which one would be compared to. Most definitely perfect in every way. If you should become so lucky to kiss someone with the qualifying factors of hopealicious, you should kill yourself immediately because you will never be anywhere as happy as you are.
Hollalicous is an extreme explanation for saying that something is real real cool shit. Instead of saying: "that's awsome!" you can say: "that's hollalicious man!"
It also is a nickname for someone real cool.