Overview
- Spain forecasts about 15 million foreign visitors for March–April, a near‑flat tally lifted 0.2% by late bookings.
- Tourist spending is expected to rise about 3% to just over €20 billion, with government figures near €21 billion across lodging, food, shopping, plus other services.
- Officials report no clear hit yet from the Middle East war, with a fuller readout due in the next few weeks.
- Source markets show uneven behavior: UK bookings swing late, German flows look steady, Chinese demand holds as flights reroute to avoid Middle East hubs.
- Rising energy costs threaten airline margins, which could curb future arrivals, as embassies and tourism offices track booking and route shifts.