Best Places to Stay in Panama City: Accommodations for Every Budget
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Best Places to Stay in Panama City: Accommodations for Every Budget

MS
Miguel Santos
December 15, 2025 2 min read 6

Accommodation Options in Panama City

Panama City offers accommodations ranging from luxury resorts to budget hostels. Whether visiting briefly or relocating, you'll find options to suit your preferences and budget.

Luxury Hotels and Resorts

Best for: Those seeking premium accommodations and services.

  • Hilton Panama - Modern luxury overlooking the city, excellent amenities
  • Bristol Panama - Upscale boutique hotel in El Cangrejo, five-star service
  • Intercontinental Playa Bonita Resort & Spa - Oceanfront luxury with spa facilities
  • Cost: $150-$300+ per night

Mid-Range Hotels

Best for: Balance of comfort and value.

  • Central Hotel Panama - Good location, reasonable rates
  • Azul Tree Panama - Boutique hotel with character
  • Las Cladas Hotel - Historic property in Casco Viejo
  • Cost: $80-$150 per night

Budget Hotels and Hostels

Best for: Budget travelers and backpackers.

  • Selina - Co-working hostels with community vibe
  • Casco Viejo Hostel - Affordable in the historic district
  • Budget hotels - Various options $40-$80 per night
  • Cost: $30-$80 per night

Neighborhood Recommendations

Casco Viejo

Best for cultural immersion and walkable charm. Trendy restaurants, galleries, nightlife. Hotels range $50-$250+ per night.

Panama Viejo

Modern amenities, shopping, dining. Good for business travelers. Hotels range $80-$200+ per night.

El Cangrejo

Central business district, convenient. Hotels range $60-$150 per night.

Amador Causeway

Modern, waterfront, relaxed. Good for nature lovers. Hotels range $100-$200+ per night.

Apartment Rentals for Longer Stays

For those staying 1+ months, furnished apartment rentals are often better value than hotels:

  • Airbnb: Wide range of options, $600-$2,000+ monthly
  • Local agencies: Often offer better rates for longer terms
  • Direct landlords: Best long-term deals through personal connections
  • Booking platforms: Vrbo, Booking.com, and local sites

Practical Tips for Booking

  • Book in advance during high season (December-April)
  • Negotiate rates for weekly/monthly stays
  • Verify internet quality for remote workers
  • Check neighborhood safety and walkability
  • Consider proximity to metro for transportation
  • Try short-term rental first before committing to long-term

Best Neighborhoods by Purpose

Nightlife: Casco Viejo, El Cangrejo

Family-friendly: Amador Causeway, Panama Viejo

Business travelers: El Cangrejo, Panama Viejo

Nature/hiking: Clayton, Amador

Budget: San Blas, local neighborhoods

Getting Around

Panama City metro (Line 1 and 2) connects many areas. Metro fares are just $0.25 per ride. Choose accommodation near metro for convenient transportation.

MS
Miguel Santos
🇨🇴 From Colombia | 🇵🇦 Living in Panama City, Panama

Business consultant and entrepreneur from Colombia, now based in Panama City. I relocated to take advantage of Panama's thriving business hub and financial services sector. Passionate about helping fellow expats navigate the banking system, residency options, and business opportunities in Panama. When I'm not working, you'll find me exploring Casco Viejo, enjoying ceviche by the waterfront, or hiking in the surrounding rainforests.

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