Hotels in Panama City, Panama

A stay of 4 nights is most popular when visiting Panama City.

The price of a hotel in Panama City depends on several factors such as star rating, location and demand. Generally speaking, the average cost of a hotel is around $248 per night.

The cheapest month to book a hotel in Panama City is July. The cost of your room could be as much as 68% cheaper than in peak months.

At the moment the cheapest day to stay in a hotel in Panama City is Monday, with Friday being the most expensive.

A luxury hotel in Panama City can set you back on average $748 per person, per night. In comparison, the average cost of a hotel in Panama City is $248 per person, per night, representing a 66%% premium for a luxury hotel.

Booking hotels in Casco Viejo, San Francisco, Ancón and Bella Vista is common when visiting Panama City.

While temperatures are typically very high in Panama City during May, there is a higher chance for rainfall as the average for the month is about 180 mm. Taking into account the higher potential for rain in May, those staying at a hotel in Panama City should plan to visit popular indoor attractions.

There are currently 686 holiday rentals available in Panama City. Most of our users opt to stay at Marriott Executive Apartments Panama City, Finisterre, which is the most popular holiday rental in Panama City. Compare holiday rentals in Panama City.

There are 46 hostels in Panama City if you want to save money on accommodations during your trip. Viajero Casco Viejo Hostel happens to be the most popular hostel in Panama City at the moment. Find deals on hostels in Panama City.

As of April 2026, there are 1,224 operators available to choose from for hotels in Panama City.

Prices for hotels in Panama City are updated daily.

momondo users have recommended 11 hotels to users looking to stay near Multiplaza Pacific. Hotels in this area have an average price of $147 per night. These prices may change based on several factors, such as time of year. Hotels near Multiplaza Pacific are typically 75% more expensive than the average hotel in Panama City, which is $37.

Those looking for a hotel near ATLAPA Conventions Center should expect to pay $176/night for area hotels. Below are the 7 best hotel options in the area. Hotels near ATLAPA Conventions Center are typically 79% more expensive than the average hotel in Panama City, which is $37.

If you’re planning on staying at any of momondo’s recommended hotels in the area of Panama City nearest to Avenida Balboa, you should expect to pay around $168/night. This price fluctuates based on time of year. In general, a rate under $168/night is a good deal for momondo users staying near Avenida Balboa. Hotels near Avenida Balboa are typically 78% more expensive than the average hotel in Panama City, which is $37.