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 hotelEden`s Garden Hostel – 5.0
Cheapest month to bookSeptember
Average 4 star hotel priceSAR 470 per night
Average 5 star hotel priceSAR 858 per night

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Finding cheap hotels in Panama City: FAQs

In Panama City, the expected average temperature in February 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 SAR 65 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for SAR 80 per night.
The average price of a hotel during the week is SAR 513 per night, and the average price on weekends is SAR 515. Overall, it looks like the cheapest day to stay in Panama City could be Friday.
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 Friday is the cheapest day to stay in Panama City. And the most expensive day seems to be Wednesday
The average price of a 3-star hotel in Panama City is currently around SAR 224 per night. And the cheapest 3-star hotel we found is SAR 78 per night.
The average price of a 4-star hotel in Panama City is currently around SAR 446 per night. And the cheapest 4-star hotel we found is SAR 100 per night.
The average price of a 5-star hotel in Panama City is currently around SAR 958 per night. And the cheapest 5-star hotel we found is SAR 294 per night.
The cheapest month to stay in a hotel in Panama City is June, with an average price of SAR 442 per night. The most expensive month is January, when the average room rate can rise to SAR 968 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 February is SAR 515 per night, which is around 6% higher than the rest of the year.
If you're planning a trip with the whole family, the best rated hotels for you near Panama City are Tryp by Wyndham Panama Centro, Courtyard Panama Multiplaza Mall and Torres de Alba Hotel & Suites.