Any difference?

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Anglika

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Essentially nothing - vacation is used in AmE and holiday in BrE, both to say "time spent, often travelling, for pleasure and relaxation".
 

Amigos4

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what is the difference between vacation and holiday?

'Vacation' is taken in USA while going on 'holiday' is common usage in Europe.

A 'holiday' in North America is a special day that is traditionally celebrated with parades, parties, or ceremonies. (Independence Day, New Years, and Veterans Day). It is also a non-working day for most employees.

Cheers,
Amigos4
 
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