Madrid's calendar is packed with local street festivals (*verbenas*), massive cultural events, and international conventions.
**Major Annual Events:** * **San Isidro (May 15):** The feast of Madrid's patron saint. Locals dress in traditional *chulapo* costumes, dance the *chotis*, and gather for concerts and picnics in the Pradera de San Isidro. * **Madrid Pride (MADO - July):** One of the largest and most vibrant LGBTQ+ Pride festivals in the world, taking over the Chueca neighborhood and concluding with a massive parade. * **Night of the Museums (*La Noche de los Museos* - May):** Given its museum density, this event is highly anticipated. Institutions stay open late, offering free entry and special performances. * **ARCOmadrid (February):** One of the most significant international contemporary art fairs, drawing collectors and galleries worldwide to the IFEMA exhibition center. * **Mercedes-Benz Fashion Week Madrid:** The premier platform for the Spanish fashion industry, held twice a year.