ここで休みましょう。

here (place physically close to the speaker, place pointed by the speaker while explaining); this place; these last (followed by a duration noun and a past sentence: time period before the present time of the speaker); these next ... (followed by a duration noun and a non past sentence: time period after the present time of the speaker); the next ...

indicates location of action; at; in; indicates time of action; indicates means of action; cause of effect; by; and then; so; indicates continuing action; indicates certainty, emphasis, etc.

to be absent; to take a day off; to rest; to have a break; to go to bed; to (lie down to) sleep; to turn in; to retire; to stop doing some ongoing activity for a time; to suspend business