10 Amazing Panama City Hotels Under $100/Night

Now is one of the best times to visit Panama City. A combination of it being low-season and the over construction of hotels in the city has caused hotels to drastically drop their rates. Want a swanky rooftop pool in the city center without breaking the bank? Or how about a cute boutique hotel room in the normally expensive historic district? Let’s just say you can stay somewhere REALLY NICE for much less than you would pay in most places in the world.

Here are 10 of the best hotels in Panama City, Panamá you can snag for under $100/night.

Hyatt Place


A different kind of hotel centrally situated in the financial area, you are just a few steps from the Iglesia del Carmen Metro Station so you have easy access to the rest of the city. A stunning rooftop pool overlooking the beautiful Panama City Skyline makes it the perfect place to relax and socialize.

Starting at $92/night – Book Now

 Magnolia Inn


This is a luxury hostel and hotel located in the heart of the historic Casco Viejo district. Staying here you have the city’s best nightlife, restaurants, and culture steps from your hotel.

Starting at $90/night – Book Now

Hotel Casa Nuratti


A nice boutique hotel located right at the entrance of Casco Viejo so you’re near lots of restaurants and nightlife. Also features a rooftop bar view of the Panama City skyline. Free breakfast included.

Starting at $84/night – Book Now

Riande Granada Urban Hotel


This funky hotel in Panama City offers a tropical swimming pool, biergarten, sundeck, and a unique style that will keep you looking around.

Starting at $74/night – Book Now



Occidental is an ultra-modern hotel is located in the heart of the city, just a few minutes walking distance to the Iglesia del Carmen Metro Station. The hotel offers several on-site restaurants and access to the 1400 Rooftop – a popular party spot in Panama City. And at $70/night, it might be one of the best bangs for your buck on this list.

Starting at $70/night – Book Now

Panama Zen Hotel


At just $66/night the Best Western Plus Panama Zen Hotel is another big bargain on this list. It’s located in the trendy Via Argentina neighborhood so you’re just steps away from local restaurants, bars, and a metro station to connect you to other parts of the city. However, the highlight of this hotel would have to be the rooftop infinity pool!

Starting at $66/night – Book Now

Hotel Casa Panama


Hotel Casa Panama mixes the trendy and eclectic atmosphere of the Casco Viejo neighborhood while still staying true to its original structure that dates back to over 300 years. With a large open floorpan and minimalistic architecture the hotel has 31 uniquely designed rooms, two restaurants, a beautiful rooftop terrace, and a small swimming pool you can enjoy year-round. It’s also one of the best deals for travelers on a budget that want to stay in Casco Viejo.

Starting at $70/night – Book Now



A modern, well-designed hotel located in the city center near Via Argentina. For the quality of the hotel rooms this is also a big bang for your buck!

Starting at $64/night – Book Now

Ramada Plaza


Offering an outdoor pool and a spa and wellness centre, Ramada Plaza Panamá – Punta Pacifica offers a modern place to stay super close to the Multiplaza Mall and easily connected with the rest of the city.

Starting at $91/night – Book Now

Panama Hat Hostel


For $50/night and breakfast included this is another deal that is hard to pass up. The Panama Hat Hostel is located near Calle Uruguay so you’re near lots of restaurants, bars, and the beautiful Cinta Costera park.

 Starting at $50/night – Book Now

* Actual hotel rates may vary based on availability and time of year. 

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