A hang-out is a place somebody likes to spend time. Their usual hang-out.
It is chosen for who else is there rather than for anything the place provides. A hang-out stops being one the moment it becomes fashionable.
1nounhang-outA place somebody likes to spend time.
“The cafe was their hang-out for three whole years.”
hang-out is a place.
Also accepted in games: haunt
Practised in Phrasal Verbs