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

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 $124 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 $155 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 $134 per night.
• The average price of a 5-star hotel in Panama is $218 per night.
• The average price of a hotel in Panama with an unknown star rating is $102 per night.

Hotel Price Distribution

• There are 54 hotels in Panama priced in the $0-$50 range, accounting for 18.4% of all hotels.
• There are 88 hotels in Panama priced in the $50-$100 range, accounting for 29.9% of all hotels.
• There are 116 hotels in Panama priced in the $100-$200 range, accounting for 39.5% 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 $128.
• The average price of a hotel in Panama in February is $123.
• The average price of a hotel in Panama in March is $130.
• The average price of a hotel in Panama in April is $125.
• The average price of a hotel in Panama in May is $152.
• The average price of a hotel in Panama in June is $243.
• The average price of a hotel in Panama in July is $263.
• The average price of a hotel in Panama in August is $163.
• The average price of a hotel in Panama in September is $159.
• The average price of a hotel in Panama in October is $106.
• The average price of a hotel in Panama in November is $107.
• The average price of a hotel in Panama in December is $117.

Hotel Ratings and Reviews in Panama

Number of Reviews

• We've collected 83,334 reviews for hotels in Panama.

Review Distribution by Traveler Type

• There are 9,936 reviews from business travelers in Panama, accounting for 11.9% of all reviews.
• There are 30,067 reviews from couples in Panama, accounting for 36.1% of all reviews.
• There are 17,958 reviews from families in Panama, accounting for 21.5% of all reviews.
• There are 6,575 reviews from friends in Panama, accounting for 7.9% of all reviews.
• There are 3,150 reviews from group travelers in Panama, accounting for 3.8% of all reviews.
• There are 9,545 reviews from solo travelers in Panama, accounting for 11.5% of all reviews.
• There are 6,103 reviews from travelers with an unknown type in Panama, accounting for 7.3% of all reviews.

Average Hotel Ratings Over Time

• The average rating for hotels in Panama in 2024 is 8.10, based on 12,038 reviews.
• The average rating for hotels in Panama in 2023 was 8.06, based on 13,332 reviews.
• The average rating for hotels in Panama in 2022 was 8.05, based on 11,720 reviews.
• The average rating for hotels in Panama in 2021 was 8.10, based on 2,861 reviews.
• The average rating for hotels in Panama in 2020 was 8.30, based on 1,415 reviews.
• The average rating for hotels in Panama in 2019 was 8.03, based on 4,404 reviews.
• The average rating for hotels in Panama in 2018 was 8.03, based on 4,651 reviews.
• The average rating for hotels in Panama in 2017 was 7.87, based on 5,572 reviews.
• The average rating for hotels in Panama in 2016 was 8.09, based on 5,845 reviews.
• The average rating for hotels in Panama in 2015 was 7.80, based on 5,294 reviews.
• The average rating for hotels in Panama in 2014 was 8.11, based on 3,916 reviews.
• The average rating for hotels in Panama in 2013 was 7.99, based on 3,111 reviews.
• The average rating for hotels in Panama in 2012 was 7.93, based on 2,489 reviews.
• The average rating for hotels in Panama in 2011 was 7.64, based on 1,143 reviews.
• The average rating for hotels in Panama in 2010 was 7.48, based on 761 reviews.
• The average rating for hotels in Panama in 2009 was 7.50, based on 515 reviews.
• The average rating for hotels in Panama in 2008 was 7.11, based on 337 reviews.
• The average rating for hotels in Panama in 2007 was 7.17, based on 214 reviews.
• The average rating for hotels in Panama in 2006 was 7.40, based on 151 reviews.
• The average rating for hotels in Panama in 2005 was 7.42, based on 99 reviews.
• The average rating for hotels in Panama in 2004 was 8.49, based on 36 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 6.76.
• The average rating for 3-star hotels in Panama is 7.91.
• The average rating for 4-star hotels in Panama is 8.25.
• The average rating for 5-star hotels in Panama is 8.58.
• The average rating for hotels in Panama with an unknown star rating is 8.26.

Average Ratings by Traveler Type

• The average rating for business travelers in Panama is 8.03.
• The average rating for couples in Panama is 8.16.
• The average rating for families in Panama is 8.19.
• The average rating for friends in Panama is 8.30.
• The average rating for group travelers in Panama is 8.12.
• The average rating for solo travelers in Panama is 8.16.
• The average rating for travelers with an unknown type in Panama is 8.00.

Best Months to Visit by Ratings

• The average rating for hotels in Panama in January is 8.01.
• The average rating for hotels in Panama in February is 8.04.
• The average rating for hotels in Panama in March is 7.95.
• The average rating for hotels in Panama in April is 8.16.
• The average rating for hotels in Panama in May is 8.32.
• The average rating for hotels in Panama in June is 8.32.
• The average rating for hotels in Panama in July is 8.18.
• The average rating for hotels in Panama in August is 8.28.
• The average rating for hotels in Panama in September is 8.28.
• The average rating for hotels in Panama in October is 8.24.
• The average rating for hotels in Panama in November is 8.17.
• The average rating for hotels in Panama in December is 8.14.

Notable Hotels in Panama

Largest Hotels in Panama

• The biggest hotel in Panama is Riu Plaza Panama with 644 rooms.

4

8.5

Panama City

644 rooms

Riu Plaza Panama

5

8.4

Panama City

611 rooms

The Westin Playa Bonita Panama

3

8.1

Río Hato

573 rooms

Riu Playa Blanca - All Inclusive

4

8.4

Panama City

391 rooms

Sortis Hotel, Spa & Casino, Autograph Collection

Most Expensive Hotels in Panama

• The most expensive hotel in Panama is Bocas Bali with prices starting at $1,069.

5

9.9

Isla Cristóbal

$1,069 night

Bocas Bali

5

9.9

Cambutal

$319 night

Sansara Surf Yoga & Resort

5

8.7

Bastimentos

$279 night

Red Frog Beach Island Resort

5

9.4

Panama City

$275 night

Hotel La Compania, In The Unbound Collection By Hyatt

Cheapest Hotels in Panama

• The cheapest hotel in Panama is Hotel Casa Panama with prices starting at $6.

4

6.8

Panama City

$6 night

Hotel Casa Panama

5.4

Panama City

$17 night

Residencial Turistico Cuba

1

6.5

Panama City

$18 night

Discovery

6.7

Panama City

$20 night

Cabanas Colindas

Newest Hotels in Panama

• The newest hotel in Panama is Sofitel Legend Casco Viejo, opened in 2022.

5

9.4

Panama City

2022

Sofitel Legend Casco Viejo

4

6.8

Panama City

2015

Hotel Casa Panama

5

9.0

Boquete

2014

SCHUMANN'S RESORT & PARK

3

8.1

Río Hato

2014

Riu Playa Blanca - All Inclusive

Oldest Hotels in Panama

• The oldest hotel in Panama is Hotel Melia Panama Canal, opened in 1948.

4

6.4

Colón

1948

Hotel Melia Panama Canal

5

7.9

Panama City

1972

Continental Hotel & Casino

4

8.0

Panama City

1997

Intercontinental Miramar Panama

4

7.7

Panama City

2001

Radisson Hotel Panama Canal

Last Renovated Hotels in Panama

• The most recently renovated hotel in Panama was Grand International Hotel, renovated in 2023.

3

7.9

Panama City

2023

Grand International Hotel

3

9.5

Las Escobas del Venado

2022

Villa Marina Lodge & Condos

5

9.4

Panama City

2022

Sofitel Legend Casco Viejo

3

7.9

Panama City

2022

Holiday Inn Panama Canal

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 8.92.
• The city with the lowest average rating is Panama City, with an average rating of 7.83.
• The city with the most expensive hotels is Bastimentos, with average prices of $157.
• The city with the cheapest hotels is David, with average prices of $66.

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.
• Prices range from $20 for the cheapest 1 Star Hotel to $20 for the most expensive 1 Star Hotel in Panama.
• The most expensive 1 Star Hotel in Panama is Hotel Villa del Mar with prices starting at $20.
• The cheapest 1 Star Hotel in Panama is Hotel Villa del Mar with prices starting at $20.
• 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

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

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.

Notable 1 Star Hotels in Panama

Most Expensive 1 Star Hotels in Panama

• The 1 Star Hotel in Panama with the highest price is Hotel Villa del Mar, with prices starting at $20.

1

6.6

Panama City

$20

Hotel Villa del Mar

Cheapest 1 Star Hotels in Panama

• The 1 Star Hotel in Panama with the lowest price is Hotel Villa del Mar, with prices starting at $20.

1

6.6

Panama City

$20

Hotel Villa del Mar