Pope Leo XIV's visit to Spain is set to cost around €25 million, as estimated by the Spanish Episcopal Conference (CEE), with potential economic returns exceeding €150 million. This translates to a remarkable fivefold revenue gain. The deputy general coordinator of the visit, Fernando Giménez Barriocanal, highlighted that most of the budget will fund events, while logistics and organization will account for the remainder. ObservaTUR's report suggests an immediate economic impact ranging from €90 million to €125 million, with a focus on the tourism sector. The visit is expected to enhance religious and cultural tourism in the medium term, benefiting cities like Madrid and Barcelona, where hotel bookings have surged by 52% and 46%, respectively. Additionally, the overlap of the papal visit with concerts by Bad Bunny in Madrid is anticipated to further boost tourism and spending, creating a cumulative effect that enhances the city's profile as a major events destination. Overall, the visit is seen as a significant opportunity for economic growth and increased visibility for Spain.