Staycation!

by Mark Shea

These days people have less and less money to spend on luxuries, things like holidays, for example. So, when they have some time off work, some are choosing to stay at home, instead of flying, or driving perhaps to the beach or mountains, maybe to another country. It’s a staycation, a combination of the words stay and vacation.

http://www.bbc.co.uk/worldservice/learningenglish/language/uptodate/2009/09/100105_kyeutd_staycation_page.shtml