Attraction, touring Spain, is relaxation (7)
I believe the answer is:
leisure
'relaxation' is the definition.
(leisure is a kind of relaxation)
'attraction touring spain is' is the wordplay.
'attraction' becomes 'lure' (lure is a kind of attraction).
'touring' indicates putting letters inside (touring can mean going round).
'spain' becomes 'e' (abbreviation for Espana).
'e'+'is'='eis'
'lure' going around 'eis' is 'LEISURE'.
(Other definitions for leisure that I've seen before include "Breathing space" , "Period of relaxation" , "days off" , "Use lire (anag)" , "Time to rest and enjoy" .)