also: ほようしょ
noun
recreation facility; rest home; retreat center
Typically a corporate-owned facility for employees' rest and recreation, but can also refer to a general rest home or retreat center.
会社の保養所で温泉に入った。
I enjoyed a hot spring at the company's recreation facility.
この保養所は社員とその家族しか利用できない。
This retreat center can only be used by employees and their families.
Compound of 保養 (recuperation, health preservation) and 所 (place). The term originally referred to a place for health recovery, later extended to corporate recreation facilities.