Meaning of the word staycation in English

What does staycation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

staycation

US /steɪˈkeɪʃən/
UK /steɪˈkeɪ.ʃən/
"staycation" picture

Noun

a vacation spent in one's home country rather than abroad, or one spent at home and involving day trips to local attractions.

Example:
We decided on a staycation this year to save money.
A staycation can be just as relaxing as a trip abroad.