Could well be... Maybe Spain is just on a bit of a low in general this year last year and probably for 2015 too. In the Summer while places like Alicante, Malaga and Palma were down 20% on last year places like Kefalonia, Zante, Rhodes and Kos were up by 100% or more.
Thankfully January is still 2% up on last year but those stats are disheartening, hoping for a good Easter and Summer.