Laycation: A Laycation is a vacation or staycation (where you don't leave your town or home) with a lover where the intent or the result is that you do it the whole time. A vacation to get laid. Or a "we're so broke we can't do anything and we're long distance so we're just going to lay around and do it when she comes to town" sort of adventure. I love the idea of a Laycation, especially considering how in the queer community often our lovers need to be imported from other places to keep things fresh and ethical.
"Sorry to miss your party, my long distance romance Shawna is only in town for three days--we're going to be on laycation the whole time."