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 $154/night. Secondary destinations in Panama include Tocumen and Taboga Island, where you can find hotels for $109/night and $146/night on average.

Seeing as the average price for a hotel in Panama in $112/night, a good deal for a nightly rate on a hotel room would be anything under $112/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: The Santa Maria, a Luxury Collection Hotel & Golf Resort, Panama City in Panama City (rated 9.5), and Sofitel Legend Casco Viejo - Panama City in Panama City (rated 9.5)La Concordia - Boutique Hotel in Panama City (rated 9.3)

Hotel Riu Plaza Panama is the most popular hotel in Panama with a rating of 8.6/10 from 5,006 momondo users. In the past year, 10% of all users looking for hotels in Panama booked a room at Hotel Riu Plaza Panama.

$136 per night is the average price for a double room at a hotel in Panama during the month of December. The cheapest rate for a double room in Panama during this month was for $32 per night (in Panama City).

Our data shows that hotel rooms in Contadora are about 72% more expensive on average than hotel rooms in the rest of Panama, with a nightly rate of $302.

Our users typically find that Panama City has the lowest per night rates in the country at just $44. Panama City offers hotels rooms at an average rate that is 73% lower than the average city in Panama.

Megapolis Hotel Panama, Dreams Playa Bonita Panama and Hotel Riu Plaza Panama are all hotels in Panama that are good for families. $149 per night is the average price for a room at Megapolis Hotel Panama, $474 per night is typical for Dreams Playa Bonita Panama and $127 per night is the average rate for Hotel Riu Plaza Panama.

Although room rates may vary depending on the time of year, these top three couples hotels in Panama have the following average rates: $149 per night at Megapolis Hotel Panama, $474 per night at Dreams Playa Bonita Panama and $127 per night at Hotel Riu Plaza Panama.

As of December 2025, there are 1,254 operators available to choose from for hotels in Panama.

Prices for hotels in Panama are updated daily.

Those looking for a hotel near Panama Old Cathedral should expect to pay $95/night for area hotels. Below are the 10 best hotel options in the area. Hotels near Panama Old Cathedral are typically 72% more expensive than the average hotel in Panama, which is $26.

If you’re planning on staying at any of momondo’s recommended hotels in the area of Panama nearest to Albrook Shopping Mall, you should expect to pay around $46/night. This price fluctuates based on time of year. In general, a rate under $46/night is a good deal for momondo users staying near Albrook Shopping Mall. Hotels near Albrook Shopping Mall are typically 43% more expensive than the average hotel in Panama, which is $26.

The average price for hotels near Avenida Balboa is $114 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 77% more expensive than the average hotel in Panama, which is $26.