161 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 161 key statistics and travel trends offers valuable insights into Panama's dynamic hotel scene. Backed by data from 374 hotels, 85,506 traveler reviews, and 63,397 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 80,861 reviews.
- Travelers can expect to pay around $124 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 8.32.
- If you're looking for the cheapest month to visit Panama, it's October with an average price of $106.
- Prices range from $6 for the cheapest hotel to $1,069 for the most expensive hotel in Panama.
- The largest hotel in Panama is Riu Plaza Panama with 644 rooms.
- The most expensive hotel in Panama is Bocas Bali with prices starting at $1,069.
- The cheapest hotel in Panama is Hotel Casa Panama with prices starting at $6.
- Friends are the most satisfied travelers when visiting Panama, rating their stays at 8.30 on average.
- Business Travelers are the least satisfied travelers when visiting Panama, rating their stays at 8.03 on average.
- Hotel prices in Panama peak in July, with an average price of $263.
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.
Most Expensive Hotels in Panama
- The most expensive hotel in Panama is Bocas Bali with prices starting at $1,069.
Cheapest Hotels in Panama
- The cheapest hotel in Panama is Hotel Casa Panama with prices starting at $6.
Newest Hotels in Panama
- The newest hotel in Panama is Sofitel Legend Casco Viejo, opened in 2022.
Oldest Hotels in Panama
- The oldest hotel in Panama is Hotel Melia Panama Canal, opened in 1948.
Last Renovated Hotels in Panama
- The most recently renovated hotel in Panama was Grand International Hotel, renovated in 2023.
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.
13 | 8.92 | $156.60 | |
39 | 8.55 | $128.57 | |
24 | 8.72 | $155.31 | |
11 | 8.31 | $65.71 | |
151 | 7.83 | $104.89 | |
11 | 8.39 | $147.00 |
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.
- 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.
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.