155 Must-Know Hotel Statistics and Travel Trends in Panama for 2024

Discover the most compelling hotel statistics and travel trends in Panama for 2024! Whether you're a traveler planning your next adventure or a professional in the hospitality industry, this comprehensive guide of 155 key statistics and travel trends offers valuable insights into Panama's dynamic hotel scene. Backed by data from 374 hotels, 101,902 traveler reviews, and 66,252 price points, we unveil the patterns and preferences shaping tourism in this remarkable destination.

Hotel and Travel Statistics for Panama

Top Hotel and Travel Statistics for Panama

  • There are 374 hotels operating in Panama.
  • The average hotel rating in Panama is 8.15, based on 101,902 reviews.
  • Travelers can expect to pay around $122 per night for a hotel in Panama.
  • If you're looking for the best month to visit Panama by rating, it's May with an average rating of 8.36.
  • If you're looking for the cheapest month to visit Panama, it's November with an average price of $105.
  • Friends are the most satisfied travelers when visiting Panama, rating their stays at 8.19 on average.
  • Business Travelers are the least satisfied travelers when visiting Panama, rating their stays at 8.00 on average.
  • Hotel prices in Panama peak in July, with an average price of $254.

Hotel Availability and Types in Panama

Number of Hotels

  • There are 374 hotels in Panama.

Distribution by Star Rating

  • Panama has 4 hotels with a 1-star rating, accounting for 1.1% of all hotels.
  • Panama has 20 hotels with a 2-star rating, accounting for 5.3% of all hotels.
  • Panama has 111 hotels with a 3-star rating, accounting for 29.7% of all hotels.
  • Panama has 82 hotels with a 4-star rating, accounting for 21.9% of all hotels.
  • Panama has 38 hotels with a 5-star rating, accounting for 10.2% of all hotels.
  • We also have 119 hotels with an unknown star rating in Panama, accounting for 31.8% of all hotels.

Hotel Pricing Trends in Panama

Average Prices Over Time

  • The average price of a hotel in Panama is $122 per night.

Average Price by Star Rating

  • The average price of a 1-star hotel in Panama is $25 per night.
  • The average price of a 2-star hotel in Panama is $152 per night.
  • The average price of a 3-star hotel in Panama is $95 per night.
  • The average price of a 4-star hotel in Panama is $133 per night.
  • The average price of a 5-star hotel in Panama is $216 per night.
  • The average price of a hotel in Panama with an unknown star rating is $101 per night.

Hotel Price Distribution

  • There are 53 hotels in Panama priced in the $0-$50 range, accounting for 18.0% of all hotels.
  • There are 97 hotels in Panama priced in the $50-$100 range, accounting for 32.9% of all hotels.
  • There are 109 hotels in Panama priced in the $100-$200 range, accounting for 36.9% of all hotels.
  • There are 33 hotels in Panama priced in the $200-$500 range, accounting for 11.2% of all hotels.
  • There are 2 hotels in Panama priced in the $500-$1000 range, accounting for 0.7% of all hotels.
  • There are 1 hotels in Panama priced in the $1000+ range, accounting for 0.3% of all hotels.

Best Month to Visit by Price

  • The average price of a hotel in Panama in January is $124.
  • The average price of a hotel in Panama in February is $119.
  • The average price of a hotel in Panama in March is $127.
  • The average price of a hotel in Panama in April is $127.
  • The average price of a hotel in Panama in May is $135.
  • The average price of a hotel in Panama in June is $233.
  • The average price of a hotel in Panama in July is $254.
  • The average price of a hotel in Panama in August is $163.
  • The average price of a hotel in Panama in September is $160.
  • The average price of a hotel in Panama in October is $106.
  • The average price of a hotel in Panama in November is $105.
  • The average price of a hotel in Panama in December is $114.

Hotel Ratings and Reviews in Panama

Number of Reviews

  • We've collected 101,902 reviews for hotels in Panama.

Review Distribution by Traveler Type

  • There are 11,697 reviews from business travelers in Panama, accounting for 11.5% of all reviews.
  • There are 36,917 reviews from couples in Panama, accounting for 36.2% of all reviews.
  • There are 23,014 reviews from families in Panama, accounting for 22.6% of all reviews.
  • There are 7,647 reviews from friends in Panama, accounting for 7.5% of all reviews.
  • There are 4,397 reviews from group travelers in Panama, accounting for 4.3% of all reviews.
  • There are 11,718 reviews from solo travelers in Panama, accounting for 11.5% of all reviews.
  • There are 6,512 reviews from travelers with an unknown type in Panama, accounting for 6.4% of all reviews.

Average Hotel Ratings Over Time

  • The average rating for hotels in Panama in 2024 is 8.07, based on 16,292 reviews.
  • The average rating for hotels in Panama in 2023 was 7.98, based on 18,759 reviews.
  • The average rating for hotels in Panama in 2022 was 8.04, based on 16,437 reviews.
  • The average rating for hotels in Panama in 2021 was 8.00, based on 3,642 reviews.
  • The average rating for hotels in Panama in 2020 was 8.26, based on 1,601 reviews.
  • The average rating for hotels in Panama in 2019 was 7.99, based on 5,056 reviews.
  • The average rating for hotels in Panama in 2018 was 7.91, based on 5,295 reviews.
  • The average rating for hotels in Panama in 2017 was 7.76, based on 6,146 reviews.
  • The average rating for hotels in Panama in 2016 was 8.03, based on 6,849 reviews.
  • The average rating for hotels in Panama in 2015 was 7.72, based on 6,120 reviews.
  • The average rating for hotels in Panama in 2014 was 8.11, based on 4,527 reviews.
  • The average rating for hotels in Panama in 2013 was 7.96, based on 3,751 reviews.
  • The average rating for hotels in Panama in 2012 was 7.97, based on 3,051 reviews.
  • The average rating for hotels in Panama in 2011 was 7.66, based on 1,481 reviews.
  • The average rating for hotels in Panama in 2010 was 7.52, based on 936 reviews.
  • The average rating for hotels in Panama in 2009 was 7.56, based on 688 reviews.
  • The average rating for hotels in Panama in 2008 was 7.18, based on 466 reviews.
  • The average rating for hotels in Panama in 2007 was 7.18, based on 323 reviews.
  • The average rating for hotels in Panama in 2006 was 7.34, based on 244 reviews.
  • The average rating for hotels in Panama in 2005 was 7.54, based on 180 reviews.
  • The average rating for hotels in Panama in 2004 was 8.14, based on 58 reviews.

Average Ratings by Star Rating

  • The average rating for 1-star hotels in Panama is 6.36.
  • The average rating for 2-star hotels in Panama is 7.50.
  • The average rating for 3-star hotels in Panama is 7.86.
  • The average rating for 4-star hotels in Panama is 8.17.
  • The average rating for 5-star hotels in Panama is 8.57.
  • The average rating for hotels in Panama with an unknown star rating is 8.32.

Average Ratings by Traveler Type

  • The average rating for business travelers in Panama is 8.00.
  • The average rating for couples in Panama is 8.15.
  • The average rating for families in Panama is 8.16.
  • The average rating for friends in Panama is 8.19.
  • The average rating for group travelers in Panama is 8.13.
  • The average rating for solo travelers in Panama is 8.13.
  • The average rating for travelers with an unknown type in Panama is 7.95.

Best Months to Visit by Ratings

  • The average rating for hotels in Panama in January is 7.98.
  • The average rating for hotels in Panama in February is 8.01.
  • The average rating for hotels in Panama in March is 7.91.
  • The average rating for hotels in Panama in April is 8.14.
  • The average rating for hotels in Panama in May is 8.36.
  • The average rating for hotels in Panama in June is 8.27.
  • The average rating for hotels in Panama in July is 8.19.
  • The average rating for hotels in Panama in August is 8.23.
  • The average rating for hotels in Panama in September is 8.27.
  • The average rating for hotels in Panama in October is 8.12.
  • The average rating for hotels in Panama in November is 8.11.
  • The average rating for hotels in Panama in December is 8.08.

City Rankings in Panama

  • The city with the most hotels is Panama City, with 151 hotels.
  • The city with the highest average rating is Bastimentos, with an average rating of 8.66.
  • The city with the lowest average rating is Panama City, with an average rating of 7.82.
  • The city with the most expensive hotels is Bastimentos, with average prices of $156.
  • The city with the cheapest hotels is David, with average prices of $65.
Bastimentos
13
8.66
$155.74
Bocas del Toro
39
8.47
$125.66
Boquete
24
8.64
$151.89
David
11
8.44
$64.86
Panama City
151
7.82
$103.97
Rรญo Hato
11
8.24
$145.76

Hotel and Travel Statistics for 1 Star Hotels in Panama

Top Hotel and Travel Statistics for 1 Star Hotels in Panama

  • There are 3 1 Star Hotels operating in Panama.
  • The average rating for 1 Star Hotels in Panama is 6.27, based on 231 reviews.
  • Travelers can expect to pay around $27 per night for a 1 Star Hotel in Panama.
  • If you're looking for the best month to book a 1 Star Hotel in Panama by rating, it's April, with an average rating of 7.90.
  • If you're looking for the cheapest month to book a 1 Star Hotel in Panama, it's October, with an average price of $22.
  • Friends are the most satisfied travelers when visiting 1 Star Hotels in Panama, rating their stays at 9.00 on average.
  • Business Travelers are the least satisfied travelers when visiting 1 Star Hotels in Panama, rating their stays at 5.11 on average.
  • 1 Star Hotel prices in Panama peak in January, with an average price of $39.

Availability and Types of 1 Star Hotels in Panama

Number of 1 Star Hotels

  • There are 3 1 Star Hotels in Panama.

Star Rating Distribution for 1 Star Hotels

  • There are 3 1 Star Hotels in Panama with a 1-star rating, accounting for 100.0% of all 1 Star Hotels.

Pricing Trends for 1 Star Hotels in Panama

Average Price Over Time for 1 Star Hotels

  • The average price for 1 Star Hotels in Panama is $27.

Average Price by Star Rating for 1 Star Hotels

  • The average price for 1-star 1 Star Hotels in Panama is $27.

Price Distribution for 1 Star Hotels

  • There are 1 1 Star Hotels in Panama priced in the $0-$50 range, accounting for 100.0% of all 1 Star Hotels.

Best Month to Stay at a 1 Star Hotel Based on Price

  • The average price for 1 Star Hotels in Panama in January is $39.
  • The average price for 1 Star Hotels in Panama in October is $22.
  • The average price for 1 Star Hotels in Panama in November is $22.
  • The average price for 1 Star Hotels in Panama in December is $22.

Ratings and Reviews for 1 Star Hotels in Panama

Number of Reviews for 1 Star Hotels

  • We've collected 231 reviews for 1 Star Hotels in Panama.

Review Distribution for 1 Star Hotels

  • There are 31 reviews for 1 Star Hotels from business travelers in Panama, accounting for 13.4% of all reviews.
  • There are 60 reviews for 1 Star Hotels from couples in Panama, accounting for 26.0% of all reviews.
  • There are 76 reviews for 1 Star Hotels from families in Panama, accounting for 32.9% of all reviews.
  • There are 3 reviews for 1 Star Hotels from friends in Panama, accounting for 1.3% of all reviews.
  • There are 12 reviews for 1 Star Hotels from group travelers in Panama, accounting for 5.2% of all reviews.
  • There are 48 reviews for 1 Star Hotels from solo travelers in Panama, accounting for 20.8% of all reviews.
  • There are 1 reviews for 1 Star Hotels from travelers with an unknown type in Panama, accounting for 0.4% of all reviews.

Average Rating Over Time for 1 Star Hotels

  • The average rating for 1 Star Hotels in Panama in 2024 is 6.03, based on 16 reviews.
  • The average rating for 1 Star Hotels in Panama in 2023 was 6.92, based on 57 reviews.
  • The average rating for 1 Star Hotels in Panama in 2022 was 6.21, based on 114 reviews.
  • The average rating for 1 Star Hotels in Panama in 2021 was 6.83, based on 18 reviews.

Average Rating by Star Rating for 1 Star Hotels

  • The average rating for 1-star 1 Star Hotels in Panama is 6.27.

Average Rating by Traveler Type for 1 Star Hotels

  • The average rating of 1 Star Hotels from business travelers in Panama is 5.11.
  • The average rating of 1 Star Hotels from couples in Panama is 6.74.
  • The average rating of 1 Star Hotels from families in Panama is 6.02.
  • The average rating of 1 Star Hotels from friends in Panama is 9.00.
  • The average rating of 1 Star Hotels from group travelers in Panama is 5.92.
  • The average rating of 1 Star Hotels from solo travelers in Panama is 6.53.
  • The average rating of 1 Star Hotels from travelers with an unknown type in Panama is 2.00.

Best Month to Stay at a 1 Star Hotel by Rating

  • The average rating for 1 Star Hotel in Panama in January is 5.89.
  • The average rating for 1 Star Hotel in Panama in February is 5.68.
  • The average rating for 1 Star Hotel in Panama in March is 6.92.
  • The average rating for 1 Star Hotel in Panama in April is 7.90.
  • The average rating for 1 Star Hotel in Panama in May is 5.36.
  • The average rating for 1 Star Hotel in Panama in June is 5.41.
  • The average rating for 1 Star Hotel in Panama in July is 6.91.
  • The average rating for 1 Star Hotel in Panama in August is 6.52.
  • The average rating for 1 Star Hotel in Panama in September is 6.79.
  • The average rating for 1 Star Hotel in Panama in October is 6.75.
  • The average rating for 1 Star Hotel in Panama in November is 5.47.
  • The average rating for 1 Star Hotel in Panama in December is 5.90.