From Longman Dictionary of Contemporary Englishhangouthang‧out /ˈhæŋaʊt/ noun [countable] informalPLACE a place someone likes to go to often The bar is a favourite hangout for students.
Examples from the Corpus
hangout• It was a hangout of the privileged classes, smug, snobbish, and perfectly content to remain small.• It also is jeopardizing the transformation of this ramshackle beach hangout into a sparkling upscale resort.• In New York, try one of the celebrity hangouts, such as the Russian Tea Room or Elaine's.• Most of all, Clark Center was a lively, comfortable hangout.• The bar is a favorite hangout for soldiers from the nearby base.• The Alvord Lake area is now a favorite hangout for homeless campers and drug dealers.• So is the Net basically a geek hangout?• Now this wasn't one of the heavy hangouts.• The Embry home is the neighborhood hangout, with kids pouring in and out at all hours.• They started for a Communist Party hangout.• a teenage hangout on Fountain Street