Cheap Hotels in Panama City, Panama

Planning a trip to Panama City but looking to stick to a budget? Panama City offers a variety of affordable hotels without compromising on comfort or convenience. With stunning views of the Panama Canal and vibrant neighborhoods like Casco Viejo, there’s plenty to explore. 

 

Here’s what you need to know before you book your stay.

Cheapest hotel price available

$12*

Most popular hotel

Riu Plaza Panama

Number of hotels near the airport

942

Average length of stay

6 days

*Hotel prices are subject to change.

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When is the Best Time to Book a Hotel in Panama City

Check out the information below for the cheapest hotel booking time in Panama City.

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Cheapest Month/s to Book

August

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Most Expensive Month/s to Book

January

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Frequently Asked Questions

You can find cheap hotels in Panama City, Panama, by signing up for OneAir. By joining, you can access curated promotions and unpublished hotel rates to get the best value for your stay in Panama City. 

The average hotel rate in Panama City per night is approximately $136. Some of the best cheap hotels in Panama City with favorable ratings are Best Western Plus Panama Zen Hotel at $91 per night, Panama House Bed & Breakfast at $32 per night, and Hotel Suites Ambassador at $36 per night.


However, hotel prices vary depending on the time of year. Regularly check the rates using OneAir for the most up-to-date hotel deals.

Booking a hotel in Panama City 3 months in advance is recommended. The best deals are typically found 69 days ahead, while prices are highest when booking 44 days in advance.

Popular neighborhoods in Panama City include Casco Viejo, San Francisco, Bella Vista, and Ancón. Casco Viejo is ideal for culture and history lovers, while Bella Vista offers a mix of luxury and affordability. San Francisco is known for upscale hotels, and Ancón provides a quieter atmosphere with easy access to nature.

Yes, Panama City has several hostels, offering affordable options for travelers. Notable examples include Hostel the Pod 33, Zebulo Hostel, and Hostel Mamallena, where rates start as low as $11 per night, making them ideal for budget-conscious travelers.

Consider the Sofitel Legend Casco Viejo, Riu Plaza Panama, or Waldorf Astoria Panama for a luxurious stay. These 5-star hotels offer exceptional amenities, including top-tier service, stunning views, and exclusive locations in Panama City’s prime neighborhoods.

Yes, many hotels in Panama City cater to families with children. Hotels like Intercontinental Miramar Panama feature large family rooms, children’s activities, and amenities such as playgrounds, cribs, and pools.

Maximize savings on your Panama City trip by visiting free attractions like the Panama Canal Museum, Cinta Costera Park, and Casco Viejo. Use the Metro Bus for affordable transportation, starting at $0.25, or negotiate taxi fares. Save on food by dining in Bella Vista, home to budget-friendly spots like Panamá, Makoto Panamá, and Segundo Muelle Balboa Boutiques.

Many Panama City hotels provide free cancellation, a feature often highlighted on booking platforms. This is especially beneficial for travelers with flexible schedules or uncertain plans. Check the hotel’s cancellation policy before booking, as some may require notice within a specific timeframe to avoid fees.

Hotels in Casco Viejo provide easy access to historic sites, museums, and vibrant nightlife. Bella Vista accommodations are close to shopping malls, casinos, and the scenic Cinta Costera. Those near Ancón are ideal for exploring the Panama Canal and Amador Causeway. Most central hotels also offer tours to nearby landmarks like the Metropolitan Natural Park and Panama Viejo ruins.

How to find cheap hotels in Panama City, Panama

Looking for cheap hotels in Panama City? OneAir makes it easy to discover incredible hotel deals to destinations around the world. Follow these simple steps to start saving on your next trip.

  • Set your destination on the OneAir mobile or web app. Input your preferred destination, stay dates, number of rooms, and number of guests, and we’ll search for the cheapest hotels in Panama City. OneAir offers deals from over 2 million top-rated hotels, so you can find the most convenient and affordable options.
  • Exclusive Corporate Rates at Top Hotels Worldwide. Take advantage of our preferred corporate rates at top-rated hotels and luxury resorts. Compare prices across all room types and categories to secure the best deals. Enjoy exclusive savings you won’t find anywhere else!
  • Filter your search for specific needs. Looking for particular amenities? Use our advanced filters to find hotels with exactly what you want – from free breakfast, internet, and parking to airport shuttle, business center, swimming pool, and more.
  • Compare hotel options from multiple providers. Whether you’re looking for the lowest price, the best location, or the most amenities, we make it easy to choose based on your needs.
  • Book with confidence. Choose your ideal room, review the details, make a secure payment, and keep your confirmation handy for easy access.
  • Manage your booking easily. Access all your hotel reservations in the “My Trips” section, where you can view, modify, or cancel your bookings with just a few taps.

OneAir prices are all-inclusive – no hidden fees or extra costs. The price you see is exactly what you’ll pay. Our hotel price comparison tool scans all booking sites to find you the best deal. If we can’t offer the lowest price, we’ll show you where to find it, making hotel booking a breeze.