Rental investors in Spain could benefit from high demand from British holidaymakers this summer.

According to figures from ebookers.com, nearly two-thirds of holidaymakers from the UK are planning a beach holiday this year.

The online travel agency has found that established European markets including Spain are among the most popular destinations for tourists.

This is despite the weakness of the pound against the euro, as well as strong competition from long-haul destinations such as the USA and Thailand.

However, the company has found that many tourists are booking their holidays fairly late.

As a result, head of marketing Claire Howard Jones has issued the following warning.

"Bargain hunters will often be disappointed," she said.

"Smart travellers know the best prices in the travel industry are mostly available to early bookers."

Meanwhile, Frances Tuke of the Association of British Travel Agents has highlighted Spain as a highly affordable place to visit.

Speaking to the Western Mail, she said it offers much cheaper prices than other countries in the eurozone.