For this year school holiday, it's staycation for us.
This is the description on staycation in Merriam-Webster dictionary:
Main Entry: stay·ca·tion
Etymology: blend of 3stay and vacation
: a vacation spent at home or nearby
— stay·ca·tion·er \ˈstā-ˈkā-sh(ə-)nər\ noun
And this is what I found in Wikipedia on staycation:
A staycation (also spelled stay-cation, stacation, or staykation) is a neologism for a period of time in which an individual or family stays at home and relaxes at home or takes day trips from their home to area attractions. Staycations have achieved high popularity in the US during the financial crisis of 2007 - 2010 in which unemployment levels and gas prices were high. Staycations also became a popular phenomenon in the UK in 2009 as a weak pound made overseas holidays significantly more expensive. The term was added to the 2009 version of the Merriam-Webster's Collegiate Dictionary.
Common activities of a staycation include use of the backyard pool, visits to local parks and museums, and attendance at local festivals. Some staycationers also like to follow a set of rules, such as setting a start and end date, planning ahead, and avoiding routine, with the goal of creating the feel of a traditional vacation.
Yes, we're on staycation & everybody's happy! :D
pic taken from here.