How to share / show your location in outlook

Hi guys, is there a way to select in outlook (eg. next to your work hours) where you are located on certain days?

Essentially to show when you're working from home, or in another office or location. It would be good too if it was reflected in teams as well. 

This feature has been requested forever for outlook over a number of forums, and I was thinking if the functionality has been added now that google has done it: 

Google Workspace Updates: Share where you’re working from in Google Calendar (googleblog.com)