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 hotelHoliday Inn Panama City – 5.0
Average 4 star hotel price159 € per night
Average 5 star hotel price167 € per night

How to find the best hotel deals in Panama City

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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 August is 28°C. The warmest month is typically July, which averages 31°C. The coolest month is January, with temperatures averaging 8°C. The rainiest month is July, and the driest month is May.
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 46 € per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for 53 € per night.
The average price of a hotel during the week is 206 € per night, and the average price on weekends is 231 €. Overall, it looks like the cheapest day to stay in Panama City could be Friday.
The nearest airport to Panama City is Northwest Florida Beaches International Airport (ECP), which is 26.0km from the city centre.

Other airports include:

Destin Executive Airport, which is 84.3km 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 Saturday
The average price of a 3-star hotel in Panama City is currently around 144 € per night. And the cheapest 3-star hotel we found is 71 € per night.
The average price of a 4-star hotel in Panama City is currently around 180 € per night. And the cheapest 4-star hotel we found is 158 € per night.
The average price of a 5-star hotel in Panama City is currently around 204 € per night. And the cheapest 5-star hotel we found is 167 € per night.
The cheapest month to stay in a hotel in Panama City is April, with an average price of 116 € per night. The most expensive month is May, when the average room rate can rise to 313 € 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 211 € per night, which is around 29% higher than the rest of the year.