A vacation amongst male comrades, or 'bros' as they are known. Generally a road trip to a desirable spot which allows for good bonding and all sorts of unchecked shenanigans.
Female variation is known as the Hocation.
You: Yo man if you release them crickets in the hallway, you ain't graduating.
Me: Forget graduation bro. Only thing that matters now is Brocation.
When you take a vacation from work and don't tell your bro's or buddies and you don't actually leave town. You just bang women off internet dating sites the whole time.
Man.. I haven't seen B.j. all week.. I think he took a breycation.
Staying in bed all day or weekend with your significant other. You camp out, sleep, kiss, cuddle, have sex, eat your meals, drink your wine, watch movies and
never leave the bedroom. It's better than a vacation, less expensive, you don't have to pack anything.