5-star hotels in Panama City

Find the best 5-star hotel in Panama City for your dates, by price or preference

Compare 5-star hotel deals across hundreds of providers, all in one place

Look out for 5-star hotels in Panama City with free cancellation or excellent ratings

Trusted Panama City hotel providers

See all hotels in Panama City

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.
View more hotels

Find a 5-star Panama City hotel in the heart of the action

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

5-star hotels in Panama City: FAQs

In Panama City, the expected average temperature in April is 28°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 52 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for SAR 56 per night.
The average price of a hotel during the week is SAR 490 per night, and the average price on weekends is SAR 487. 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 Monday
The average price of a 3-star hotel in Panama City is currently around SAR 204 per night. And the cheapest 3-star hotel we found is SAR 80 per night.
The average price of a 4-star hotel in Panama City is currently around SAR 417 per night. And the cheapest 4-star hotel we found is SAR 158 per night.
The average price of a 5-star hotel in Panama City is currently around SAR 983 per night. And the cheapest 5-star hotel we found is SAR 292 per night.
The cheapest month to stay in a hotel in Panama City is April, with an average price of SAR 502 per night. The most expensive month is February, when the average room rate can rise to SAR 761 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 May is SAR 595 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 Courtyard Panama Multiplaza Mall, Marinn Place Financial District and InterContinental Hotels Miramar Panama by IHG.