The lyrics detail the joys of being in your home community during the holidays and give examples of how some people will travel long distances to be with their loved ones.

Como's second recording of "Home for the Holidays", in stereo and with a different musical arrangement by Joe Lipman, was made on July 15, 1959.

[7] This 1959 version was also included on the album, Season's Greetings from Perry Como, and has appeared on many compilations, as well as being played on some radio stations during the holidays.

In 1992, Joe Pass recorded a jazz guitar instrumental cover for his holiday album, Six-String Santa.

In November and December 1993, Sears aired a "Home for the Holidays" ad campaign, using instrumental renditions of the song itself.