Microsoft is now testing a new feature for Teams that will allow you to schedule Out-of-Office hours. Once you set up a message in Teams to let others know that you are on vacation, the status message will also sync with your Outlook calendar, your presence, and contact card information.
The feature is currently rolling out to the public preview channel for Microsoft Teams on the web and desktop. To know more about this feature and opt in to Microsoft Teams public preview program, continue reading further.