Perfect hosts make liquor (5,6)

I believe the answer is:

peach brandy

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'perfect hosts' is the definition.
I don't know anything about this answer so I can't tell whether it can be defined by this definition.

'make liquor' is the wordplay.
'make' becomes 'peach' (I can't explain this - if you can you should believe this answer much more).
'liquor' becomes 'brandy' (brandy is a kind of liquor).
'peach'+'brandy'='PEACH BRANDY'

Can you help me to learn more?

(Another definition for peach brandy that I've seen is " Drink".)

I've seen this clue in The Times.

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