See the Time & Date Sensor. If you enable the time option, a sensor named sensor.time will be created whose state will be the current time as a string that is formatted HH:MM, just like your sensor.holidaytime appears to be, and updates once a minute. Then you can use a Template Trigger like this:
I’m not entirely sure that will work. I think sensor.time updates minutely on an arbitrary second. Might have to strfttime it, I could be wrong. I’m basing it off the code, not personal use.
Both sensors in the template only provide hours and minutes in the same format. So it shouldn’t matter on what second sensor.time changes, as long as it changes for every minute.
Basically, yes. Whenever either sensor.time or sensor.holidaytime change state (either their state string, or any of their attributes, change), the template will be evaluated. If it’s true – i.e., if sensor.time’s state string is exactly the same as sensor.holidaytime’s state string – then the trigger will “fire.”