Danger for each individual on vacation (5)
I believe the answer is:
peril
'danger' is the definition.
(peril is a kind of danger)
'each individual on vacation' is the wordplay.
'each' becomes 'per' ('per' can mean for each).
'on vacation' means to remove the middle letters.
'individual' with its centre removed is 'il'.
'per'+'il'='PERIL'
'for' acts as a link.
(Other definitions for peril that I've seen before include "Great danger" , "Source of danger" , "Danger, hazard" , "Danger of serious kind" , "Immediate danger" .)