Hotels in Panama City, Panama

Visiting Panama City for 2 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 170 per night.

Room prices for hotels in Panama City can be as much as 16% lower in the month of August. So this is a great time to book and save money.

Tuesday 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 Wednesday.

Luxury hotels in Panama City are priced around R8 216 a night for each person. Opting for a luxury hotel could add 66%% on top of the price of an average hotel in Panama City, which stands at R3 170 a night for each person.

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

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 1 232 operators available for hotels in Panama City as of April 2026.

Prices for hotels in Panama City were last updated today.

If you’re planning on staying at any of momondo’s recommended hotels in the area of Panama City nearest to Multiplaza Pacific, you should expect to pay around R1 727/night. This price fluctuates based on time of year. In general, a rate under R1 727/night is a good deal for momondo users staying near Multiplaza Pacific. Hotels near Multiplaza Pacific are typically 74% more expensive than the average hotel in Panama City, which is R446.

The average price for hotels near ATLAPA Conventions Center is R2 070 per night. Of those hotels, momondo users recommend the 7 hotels below for those looking to stay in the area. Since ATLAPA Conventions Center is more popular at some times of year than others, prices may vary depending on when you plan your trip. Hotels near ATLAPA Conventions Center are typically 78% more expensive than the average hotel in Panama City, which is R446.

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 984/night. This price fluctuates based on time of year. In general, a rate under R1 984/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 R446.