Marbella

Perf: 41% ↓Pace: 17%

Q1 spend: €37K

Target: €2.00M

Baleares

Perf: 60% ↓Pace: 9%

Q1 spend: €67K

Target: €2.30M

Cataluña

No Q1 data

Q1 spend: N/A

Target: €5.75M

Sev+Cádiz

Perf: 35% ↓Pace: 38%

Q1 spend: €38K

Target: €2.02M

Madrid

Perf: 77% ↑Pace: 68%

Q1 spend: €78K

Target: €3.05M

⚠ Key findings from Q1 actuals Marbella: 59% branding in Q1 (was 39% in 2025) Baleares: only €49K GCI vs €2.3M target Madrid: best Q1 ratio but still needs 3× growth Conversion data: consolidated only, no channel split
Seasonal = GCI profile per region

Situation

Performance marketing is running flat at €1426K Apr–Dec across all regions. Q1 actuals show Marbella inverted on branding/performance, Baleares at minimal GCI pace, and no approved budget adjustments despite GCI targets requiring 2–3× growth in key regions.

FO + Sven approval required for additional investment. Estimate below provides the case.

Additional budget needed

+€243K

vs. flat plan · Apr–Dec

Request to FO / Sven

GCI gap remaining

€14.27M

after Q1 expected GCI of €846K

Annual target: €15.12M

IST vs. Recommended — Apr–Dec

IST = flat annual plan / 12 × 9 Rec = seasonal distribution + proposed uplift
Region Growth needed IST budget Rec. budget Delta Perf split (IST) Perf split (Rec) Q1 GCI pace
Andalucía East +199% GCI €149K €224K +€50K
41%
61%
Q1 actual → 2025 avg
78%
recommended
17%
Balearics +146% GCI €228K €306K +€30K
60%
69%
Q1 actual → 2025 avg
75%
recommended
9%
Cataluña +14% GCI €453K €479K €0K
Q1
84%
Q1 actual → 2025 avg
82%
recommended
And. West +75% GCI €138K €153K €0K
35%
36%
Q1 actual → 2025 avg
60%
recommended
38%
Madrid +203% GCI €218K €267K +€44K
77%
54%
Q1 actual → 2025 avg
75%
recommended
68%
Total €1.43M €1.67M +€243K Incl. ServiceCo €240K (flat)

Key changes proposed

Andalucía East

Q1 spend was 59% branding — inverse of what's needed for a 3× GCI growth target. International buyer market runs on Google and Meta. Recommended: +25% budget, 78% performance.

Balearics

Seasonal market — 70%+ of GCI lands Apr–Sep. Q1 GCI pace is just 9% of annual target, expected at this time of year. Must be at full pressure in April. Recommended: +10% budget, 75% performance.

Cataluña

Most efficient region (84% perf historically, 87% GCI pace). No budget increase needed — protect the split and let it run. Recommended: flat budget, 82% performance.

And. West

Local market with farming component — some branding is justified. But with a 75% growth target, performance must increase significantly from Q1's 35%. Recommended: flat budget, 60% performance.

Madrid

Best Q1 GCI producer (€520K, 130% of Q1 pace). Already running well at 77% performance in Q1. +15% budget uplift to capitalise on momentum. Recommended: +15% budget, 75% performance.

Open data points

Q1 March actuals

Daniel confirmed these arrive next week after review with marketing coordinators. Needed to finalise the 3+9 estimate precisely.

Channel-level conversion data

CPL and lead-to-deal by channel (Google, Meta, portals) not available. Consolidated only. Request via Raquel for Marbella/Baleares.

IT cost structure

Daniel flagged significant platform costs and wants to explore efficiencies on the call. Prepare overview of current tech spend.

For the FO / Sven conversation

The additional €243K request is driven primarily by Marbella (+25%) and Madrid (+15%), the two regions with the largest absolute GCI gap and clearest performance marketing levers. Without this, the current plan is mechanically insufficient to reach the 2026 targets in those regions — the budget-to-GCI ratio at current efficiency rates does not close the gap.

Apr–Dec budget by region

Green = Q1 actual Blue = Apr–Dec estimate for Daniel Q1 Mar = estimated
Region Q1 actual Q1 GCI AprMayJunJulAugSepOctNovDec Apr–Dec Full year
Marbella €37K €87K €21K€21K€21K€25K€25K€25K€29K€29K€29K €224K €261K
Baleares €67K €49K €32K€32K€32K€38K€38K€38K€32K€32K€32K €306K €373K
Cataluña €125K €53K€53K€53K€50K€50K€50K€57K€57K€57K €479K €604K
Sev+Cádiz €38K €190K €14K€14K€14K€17K€17K€17K€20K€20K€20K €153K €190K
Madrid €78K €520K €28K€28K€28K€28K€28K€28K€33K€33K€33K €267K €345K
ServiceCo €27K €27K€27K€27K€27K€27K€27K€27K€27K€27K €240K €267K
Total €371K €846K €174K€174K€174K€184K€184K€184K€199K€199K€199K €1.67M €2.04M

Monthly spend Apr–Dec by region (recommended)

Budget adjustments

+/− % vs. annual plan + performance/branding split.

Marbella +25%
€199K/yr plan→ €249K/yr

Performance / Branding split 78% perf / 22% brand
Perf: €175K Brand: €49K
Baleares +10%
€305K/yr plan→ €335K/yr

Performance / Branding split 75% perf / 25% brand
Perf: €230K Brand: €77K
Cataluña 0%
€604K/yr plan→ €604K/yr

Performance / Branding split 82% perf / 18% brand
Perf: €393K Brand: €86K
Sev+Cádiz 0%
€184K/yr plan→ €184K/yr

Performance / Branding split 60% perf / 40% brand
Perf: €92K Brand: €61K
Madrid +15%
€291K/yr plan→ €334K/yr

Performance / Branding split 75% perf / 25% brand
Perf: €201K Brand: €67K
Apr–Dec total
of which performance
Delta = additional request for FO/Sven

Flat plan vs. recommended (seasonal + uplift)

Performance vs. branding split Apr–Dec

Remaining GCI needed after Q1 (Apr–Dec)

Target minus expected Q1 GCI = what you need Apr–Dec. Based on 2025 cost-per-GCI efficiency.

Q1 spend: performance vs. branding mix

Q1 expected GCI vs. annualised target

Q1 actuals detail

Region PerformanceBrandingTotal Q1 Perf % Q1Perf % 2025 Q1 GCI exp.GCI targetGCI pace