Hotels in Panama City

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Prices may change – pop in your dates for the best estimate. Note that prices are based on previous traveller searches and partner prices.
Prices may change – pop in your dates for the best estimate. Note that prices are based on previous traveller searches and partner prices.
Price per room per night for 2 adultsTaxes and fees not included

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Fast facts

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Highest rated hotelHostal Loco Coco Loco – 5.0
Cheapest month to bookOctober
Average 4 star hotel priceR$ 413 per night
Average 5 star hotel priceR$ 962 per night

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Finding cheap hotels in Panama City: FAQs

In Panama City, the expected average temperature in July is 27°C. The warmest month is typically May, which averages 29°C. The coolest month is October, with temperatures averaging 25°C. The rainiest month is June, and the driest month is February.
You can always cancel or amend your hotel reservation if you need to, but look out for hotels in Panama City with free cancellation or flexible booking options if you want to protect your money. Some hotels allow you to cancel and get your money back if your plans change.
Of course - the cheapest hotel deal we found within the next seven days is R$ 75 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for R$ 82 per night.
The average price of a hotel during the week is R$ 525 per night, and the average price on weekends is R$ 540. Overall, it looks like the cheapest day to stay in Panama City could be Wednesday.
The nearest airport to Panama City is Panama City Paitilla Airport (PAC), which is 4.7km from the city centre.

Other airports include:

Balboa Airport, which is 4.9km from the city centre.
Panama City Tocumen International Airport, which is 17.9km from the city centre.
We crunched some numbers on our calendar and found that Wednesday is the cheapest day to stay in Panama City. And the most expensive day seems to be Saturday
The average price of a 3-star hotel in Panama City is currently around R$ 330 per night. And the cheapest 3-star hotel we found is R$ 97 per night.
The average price of a 4-star hotel in Panama City is currently around R$ 466 per night. And the cheapest 4-star hotel we found is R$ 217 per night.
The average price of a 5-star hotel in Panama City is currently around R$ 1.074 per night. And the cheapest 5-star hotel we found is R$ 338 per night.
The cheapest month to stay in a hotel in Panama City is October, with an average price of R$ 451 per night. The most expensive month is August, when the average room rate can rise to R$ 796 per night. These average prices are based on all the hotels we found – from hostels through to fancy 5-star hotels.
The average price of a hotel in August is R$ 796 per night, which is around 31% higher than the rest of the year.