Hotels in Panama

Those looking to stay in a popular tourist area of Panama will likely find Panama City to be the best bet, as more momondo users looking for hotels in Panama plan to visit Panama City than any other city. The average price of a hotel in Panama City is $191/night. Secondary destinations in Panama include Tocumen and Taboga Island, where you can find hotels for $133/night and $180/night on average.

Seeing as the average price for a hotel in Panama in $134/night, a good deal for a nightly rate on a hotel room would be anything under $134/night. If you’re looking for a cheap destination to visit in Panama, we would recommend Panama City, as it is generally the cheapest city to stay in.

Judging by user ratings, the best hotels in Panama are: Sofitel Legend Casco Viejo - Panama City in Panama City (rated 9.5), and Hotel La Compañía Casco Antiguo in Panama City (rated 9.4)The Santa Maria, a Luxury Collection Hotel & Golf Resort, Panama City in Panama City (rated 9.4)

Hospedium Princess Hotel Panamá is the most popular hotel in Panama with a rating of 6.9/10 from 6,424 momondo users. In the past year, 10% of all users looking for hotels in Panama booked a room at Hospedium Princess Hotel Panamá.

$210 per night is the average price for a double room at a hotel in Panama during the month of September. The cheapest rate for a double room in Panama during this month was for $27 per night (in Panama City).

Our data shows that hotel rooms in Contadora are about 109% more expensive on average than hotel rooms in the rest of Panama, with a nightly rate of $193.

Our users typically find that Panama City has the lowest per night rates in the country at just $34. Panama City offers hotels rooms at an average rate that is 79% lower than the average city in Panama.

Novotel Panama City, Riu Plaza Panama and Central Hotel Panama Casco Viejo are all hotels in Panama that are good for families. $115 per night is the average price for a room at Novotel Panama City, $143 per night is typical for Riu Plaza Panama and $216 per night is the average rate for Central Hotel Panama Casco Viejo.

Although room rates may vary depending on the time of year, these top three couples hotels in Panama have the following average rates: $113 per night at Plaza Paitilla Inn Hotel, $143 per night at Riu Plaza Panama and $216 per night at Central Hotel Panama Casco Viejo.

As of September 2026, there are 1,593 operators available to choose from for hotels in Panama.

Prices for hotels in Panama are updated daily.

If you’re planning on staying at any of momondo’s recommended hotels in the area of Panama nearest to Multiplaza Pacific, you should expect to pay around $102/night. This price fluctuates based on time of year. In general, a rate under $102/night is a good deal for momondo users staying near Multiplaza Pacific. Hotels near Multiplaza Pacific are typically 10% more expensive than the average hotel in Panama, which is $92.

The average price for hotels near Avenida Balboa is $101 per night. Of those hotels, momondo users recommend the 11 hotels below for those looking to stay in the area. Since Avenida Balboa is more popular at some times of year than others, prices may vary depending on when you plan your trip. Hotels near Avenida Balboa are typically 9% more expensive than the average hotel in Panama, which is $92.

Below are the 11 user recommended hotels in the area of Panama that is closest to Panama City Centre. The average price near Panama City Centre is $102/night, with prices varying based on several factors including time of year. Hotels near Panama City Centre are typically 10% more expensive than the average hotel in Panama, which is $92.