Hotels in Panama City, Panama

Visiting Panama City for 5 nights is the most common choice for our users.

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 R3 048 per night.

Room prices for hotels in Panama City can be as much as 21% lower in the month of June. So this is a great time to book and save money.

Friday is the day where you will typically find the lowest price for your hotel room in Panama City. The highest price tends to be on Tuesday.

Luxury hotels in Panama City are priced around R3 318 a night for each person. Opting for a luxury hotel could add 19%% on top of the price of an average hotel in Panama City, which stands at R3 048 a night for each person.

Casco Viejo, Bella Vista, San Francisco and Ancón are some of the more popular areas to stay in when visiting Panama City.

Temperatures in Panama City are typically around 80,6 °F during February and the chance of rain is low, which makes February the perfect time to spend some time outside at popular area attractions.

Yes, the city of Panama City has hostels available. You can choose from 46 Panama City hostels. We recommend staying at Viajero Casco Viejo Hostel, which is the most popular among our users. Search for hostels in Panama City.

There are 1 121 operators available for hotels in Panama City as of January 2026.

Prices for hotels in Panama City were last updated today.

Those looking for a hotel near Panama Old Cathedral should expect to pay R1 641/night for area hotels. Below are the 11 best hotel options in the area. Hotels near Panama Old Cathedral are typically 73% more expensive than the average hotel in Panama City, which is R428.

Below are the 9 user recommended hotels in the area of Panama City that is closest to Albrook Shopping Mall. The average price near Albrook Shopping Mall is R745/night, with prices varying based on several factors including time of year. Hotels near Albrook Shopping Mall are typically 42% more expensive than the average hotel in Panama City, which is R428.

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 R1 883/night. This price fluctuates based on time of year. In general, a rate under R1 883/night is a good deal for momondo users staying near Avenida Balboa. Hotels near Avenida Balboa are typically 77% more expensive than the average hotel in Panama City, which is R428.