DEFINITION of Staycation
A vacation spent at or near your own home, rather than traveling to another location. People take staycations for many reasons, including but not limited to, saving money, avoiding travel, and taking advantage of and enjoying what is available in their own town or city.
BREAKING DOWN Staycation
In 2016, nearly two-thirds of Americans enjoyed a staycation, according to WalletHub. Google data shows that it’s a popular search term, with a 58% increase in search frequency since 2010 and a 10% year-over-year increase in 2015, and continuing to grow in popularity.
As fuel costs increase, travel to distant locales becomes increasingly more expensive. These higher travel costs are the reasons that some people choose to staycation, rather than vacation. A family may find that setting up a tent in the backyard, could be just the rest and relaxation that is needed, and is an economical solution to traveling by car to the nearest national park or recreation area. A staycation might include day trips to surrounding recreational or cultural sites, or it might be solely devoted to some much-need, unplugged backyard or local fun.
It isn't just fuel costs that make people not want to travel. The hassles of international and domestic air travel also include long security lines, overcrowded planes, and in some countries, new visa requirements. The travel industry reports a rise in fuel prices may drive airfares in 2018, and despite affordable flights, the cost of pay-per-bag fees, extra legroom and other extras, may make staying closer to home for a holiday more enticing for travelers.