Cheap Panama City Hotels

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Hotels in Panama City rated best by other travellers

Rated by travellers as the best in the city, these stays are all full marks for cleanliness, customer service and location.

Best Western El Dorado Panama Hotel

2.58 km from city centre

97 €

Per night

Best Western El Dorado Panama Hotel

2.58 km from city centre

97 €

Per night

Luxury stay or budget getaway?

Whether you're after 5-star comfort or ease on your wallet, we do the searching so you can sleep easy during your stay in Panama City.

Panama City: getting around

Exploring the city

Panama City’s Metro and bus systems are efficient and affordable. Taxis and ride-hailing apps are readily available, and walking is pleasant in the Casco Viejo district.

Panama City airports

Tocumen International Airport (PTY) is about 24 kilometres east of the city centre. It’s Central America’s busiest airport, with connections across the Americas and Europe.

Flights to Panama City from 568 €

Panama City car hire

A hire car is useful for exploring Panama beyond the capital. Drive to the Panama Canal, Gamboa Rainforest or the Pacific beaches for easy day trips.

Panama City car hire from 5 € per day

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Find a Panama City hotel in the heart of the action

Beat the queues at the top Panama City attractions by staying close to them.

Old Panama

San Felipe

Isla Santa Catalina

Old Panama

San Felipe

Isla Santa Catalina

Fast facts

Sleep easy, armed with the stuff that's good to know before you go.

Highest rated hotel	Best Western El Dorado Panama Hotel – 4.2
Cheapest month to book	November
Average 4 star hotel price	93 € per night
Average 5 star hotel price	212 € per night

How to find the best hotel deals in Panama City

Want to use the same magic that powers our award-winning flight search to find the best room rates on the internet? Here are a few tips to help you search and save in seconds.

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

What’s the weather like in Panama City?

In Panama City, the expected average temperature in September is 27°C. The warmest month is typically May, which averages 29°C. The coolest month is November, with temperatures averaging 25°C. The rainiest month is July, and the driest month is February.

Can I cancel or amend my hotel reservation last minute if I need to?

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.

Can I get a last-minute Panama City hotel deal?

Of course - the cheapest hotel deal we found within the next seven days is 14 € per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for 101 € per night.

Is it more expensive to stay in Panama City hotels on weekends?

The average price of a hotel during the week is 115 € per night, and the average price on weekends is 119 €. Overall, it looks like the cheapest day to stay in Panama City could be Tuesday.

What airports are the closest to the centre of Panama City?

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.

What day is cheapest to stay in hotels in Panama City?

We crunched some numbers on our calendar and found that Tuesday is the cheapest day to stay in Panama City. And the most expensive day seems to be Saturday

How much do 3-star hotels cost in Panama City?

The average price of a 3-star hotel in Panama City is currently around 48 € per night. And the cheapest 3-star hotel we found is 17 € per night.

How much do 4-star hotels cost in Panama City?

The average price of a 4-star hotel in Panama City is currently around 104 € per night. And the cheapest 4-star hotel we found is 35 € per night.

How much do 5-star luxury hotels cost in Panama City?

The average price of a 5-star hotel in Panama City is currently around 225 € per night. And the cheapest 5-star hotel we found is 65 € per night.

When is the best time to stay in a hotel in Panama City?

The cheapest month to stay in a hotel in Panama City is September, with an average price of 108 € per night. The most expensive month is November, when the average room rate can rise to 180 € per night. These average prices are based on all the hotels we found – from hostels through to fancy 5-star hotels.

What is the average price per night in Panama City in October?

The average price of a hotel in October is 176 € per night, which is around 11% higher than the rest of the year.

What are the best Panama City hotels with swimming pools?

Get your morning laps in at Best Western El Dorado Panama Hotel.

What are the best hotels in Panama City for families?

If you're planning a trip with the whole family, the best rated hotels for you near Panama City are The Balboa Inn, Hotel Marparaiso and Hospedium Princess Hotel Panamá.