The presenters have gone away together with their families for half-term and Phil, 57, shared a string of videos to his SnapChat on Tuesday showing the pair embarking on a boozy bear hunt.
Phil first posted a clip showing himself and Holly talking about a chairty bear.
He told fans: "I'm about to meet Holly and we're going to have a picture taken with this," as he held up the bear.
"So you can imagine if I was on a drunken night out with a charity bear, the thing I'm terrified of is forgetting the fecking thing and leaving it in a restaurant."
He then posted a snap of a Margarita, before posting a video of himself and Holly minutes later.
He said: "I've got the bear, I've got the bear," to which Holly said: "Do not lose the bear."
Phil said: "Please don't let me lose the bear," to which Holly replied: "I'm not in control of this bear!"
Philip then showed off a picture of a bottle of wine the pair had been drinking during their trip.
I'm about to meet Holly and we're going to have a picture taken with this.
Later into the night, clearly after a few more drinks, the pair filmed themselves trying to find their way back to their hotel.
Phil shared a video of Holly stumbling around as she tried to find her hubby Dan Baldwin.
She said: "We're going on a bear hunt! Dan! Dan! Dan! DAN! [Expletive] hell!" as Phil laughs in the background.
The group then had to walk along a bridge in the dark, which apparently had no sides!
Phil said: "There's a thousand feet drop on either side... it's all fine. It's all fine!"
The duo are currently enjoying a half-term break as Eamonn Holmes and Ruth Langsford fill in for them on This Morning.
However, it seems fans are already missing Holly and Phil and called for them to hurry back.
One person wrote on Twitter: "Ugh. Why are Ruth and Eamonn on my screen on a Tuesday? The first time I’ve tuned in in months n all! Where’s my Phil? (sic)"
Another said: "Cant stand them [Eamonn and Ruth], prefer Holly & Phil," while a third added: "[I'm watching] BBC till Holly & Phil come back!"
Leave us a comment on our Facebook page @EntertainmentDailyFix and let us know what you think of this story.