my boss holds our holiday party in his home. he does most of the cooking himself too! he's got one of those great big houses with the long winding driveway...it's beautiful! he'll prepare tons and tons of food...appetizers, main course, desserts...usually has a wide variety of alcoholic beverages available. it's always an adult party, no children. our company is pretty small, but we have 2 offices...3 hours away from each other! so the bad thing is that since the boss lives 3 hours away and we're the smaller office (only 8 total), we have to drive up there for the party. but he puts us up in a nice bed and breakfast type place near his home...AND pays us for a tank of gas to get there! so all in all, our party is free!