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.
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Fast facts

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Highest rated hotelHotel La Compañía Casco Antiguo – 5.0
Cheapest month to bookAugust
Average 4 star hotel price£93 per night
Average 5 star hotel price£159 per night

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Flexible on dates? Say hello to better rates

Fancy a break, but haven't decided on exact dates yet? Good! Use our calendar view to find the cheapest month or even day of the month to stay in Panama City.

Finding cheap hotels in Panama City: FAQs

In Panama City, the expected average temperature in November 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 £13 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for £13 per night.
The average price of a hotel during the week is £93 per night, and the average price on weekends is £96. 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 £43 per night. And the cheapest 3-star hotel we found is £15 per night.
The average price of a 4-star hotel in Panama City is currently around £86 per night. And the cheapest 4-star hotel we found is £28 per night.
The average price of a 5-star hotel in Panama City is currently around £152 per night. And the cheapest 5-star hotel we found is £56 per night.
The cheapest month to stay in a hotel in Panama City is November, with an average price of £94 per night. The most expensive month is February, when the average room rate can rise to £113 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 November is £94 per night, which is around 4% lower than the rest of the year.
If you're hitting up Panama City with kids in tow, try Victoria Hotel and Suites Panama, or Novotel Panama City.