MarketStaycation
Company Profile

Staycation

A staycation is a recreational break spent at home or within a both-ways day's trip distance of it, requiring no overnight accommodation. In the UK, Ireland and Hong Kong, the term has increasingly come to encompass domestic tourism, or taking a holiday in one's resident country or territory as opposed to traveling abroad. In Hong Kong, the term has also come to mean a vacation spent staying in a nearby hotel or accommodation.

Etymology
The word staycation is a portmanteau of stay (meaning stay-at-home) and vacation. The term daycation is also sometimes used. The term was used by Canadian comedian Brent Butt in the television show Corner Gas, in the episode "Mail Fraud", which first aired 24 October 2005. The word became widely used in the United States during 2008, when gas prices reached record highs, leading many people to cut back on expenses including travel. However, Lake Superior State University added the word to its 2009 List of Banished Words. The citation noted that vacation is not synonymous with travel, and thus a separate term is not necessary to describe a vacation during which one stays at home. == Benefits ==
Benefits
Staycations are likely to be less costly than a vacation involving distant traveling. There may be no lodging costs, and travel expenses may be minimal. Costs may include transportation for local trips, dining, and local attractions. According to the American Automobile Association, "the average North American vacation will cost $244 per day for two people for lodging and meals" and "Add some kids and airfare, and a 10-day vacation could top $8,000." Staycations may also be of economic benefit to some local businesses, who get customers only from the area providing them with business. In 2008, the tourism bureaus of many U.S. cities also began promoting staycations for their residents to help replace the tourism dollars lost from a drop in out-of-town visitors. == Risks ==
Risks
Staycationers may spend money they had not planned as retailers and other advertisers offer "deals". Staycationers can also finish a stay-at-home vacation feeling unsatisfied if they allow themselves to fall into their daily monotony and include household projects, errands, and other tasks in their vacation at home or near home. == See also ==
tickerdossier.comtickerdossier.substack.com