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The Obama family will be taking their Christmas vacation in the Hawaiian Islands. And I can't think of anyone who deserves a vacation more. Normally, at the end of a long campaign, the candidates (win or lose) take at least a few days off, if not a few weeks. But President-elect Obama hit the ground running.
It's unlikely that President Obama will take an unwieldy amount of vacation time.
In case you are interested:
Carter - 79 vacation days in 4 years
Clinton - 199 vacation days in 8 years
Reagan - 335 vacation days in 8 years (that's almost a whole year!)
Papa Bush - 543 days in 4 years
Winner - Baby Bush - Depending on how you count it, could be something like 900 days...
How about you?