Best Places To Stay In Panama City

Every major hotel chain seems to be opening doors in Panama City, Panama so how do you choose the best one?

I’ve come up an extremely narrowed down list of the best hostels and hotels in Panama City and divided them into four categories (hostels, mid-priced, high-end, and ultimate luxury) with three places to stay in each category. I also include where you can find short-term apartment rentals in Panama City.

It was extremely hard to narrow down this list, and I’ve based it on location, value, amenities, and originality. For the most part, I have tried to stay away from the big name sterile hotels to include places where you can have a unique and memorable experience in Panama City.

Here are my top picks of where to stay in Panama City no matter what your budget is:

Hostels (starting at $14 – $40 / night)

Luna’s Castle

Luna's Castle

Calle 9A Oeste, Casco Viejo

If I had to pick a favorite hostel of mine in Panama City, it would be Luna’s Castle. It’s located at the entrance of Casco Viejo, so you’re surrounded by Panama City’s top bars and restaurants, and you have the city’s coolest underground bar located downstairs. Also, one of the most favorite spots to stay for backpackers, so it’s great place to meet people.

262 1540 / / BOOK NOW

Magnolia Inn

Magnolia Inn

Calle 8va and Calle Boquete, Casco Viejo

Magnolia Inn is a luxury hostel and hotel located in the heart of Casco Viejo and it’s best for if you want an affordable and nice hostel to stay in Casco Viejo without the party atmosphere that Luna’s Castle has. Each bed even has its own plug and wall lamp!

202-0872 / / BOOK NOW

Hostal Siriri

Hostel Siriri

Calle Las Acacias, Marbella

This hostel is located in Marbella, so you’re in a much more central area of the city instead of being in Casco Viejo. You have quick access to Calle Uruguay – one of Panama City’s nightlife districts, shopping at Multicentro, the Cinta Costera waterfront park, and everything else is just a quick cab or bus ride away. The big highlight of this hostel is that it has a swimming pool and every room is equipped with AC. They also have female only dorms.

6037 8090 / / BOOK NOW

Mid Priced Hotels (starting at $80 – $130 / per night)

Hotel Casa Panama


Hotel Casa Panama 2

This hotel recently opened in Casco Viejo, and IT HAS A POOL! It’s super tiny, but pools are hard to come by in the historic center. The pool is located on the rooftop, so you have excellent views of Casco’s rooftops and the Panama City skyline.


Casa Antigua

Casa Antigua

Calle 9 between Avenida Eloy Alfaro and Avenida B, Casco Viejo

Great apartment style lodging with kitchen in Panama’s historic Casco Viejo district. All options have breakfast included.

262 1541 /  / BOOK NOW

Casa Nuratti

Casa Nuratti

Avenida B and Calle 8, Casco Viejo

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 a view of the Panama City skyline. Free breakfast included.

262 2315 / / BOOK NOW

High End (starting at $140 + / night)


Calle 56 and 57, Obarrio

Calle 56 and 57, Obarrio

Beautiful, modern, chic hotel that recently opened in Panama City. Within the hotel, there is one of the best pools in Panama City (photo at the top of this article is from there), a casino, and several great restaurants within the hotel. The location is also superb! You are just a few blocks away from the new luxury SOHO mall, calle 50, the Via Argentina metro stop, and several other key spots in Panama City.

398 8888 / BOOK NOW 

Hard Rock Hotel

Hard Rock Hotel

Avenida Balboa and Via Israel, Marbella

Live like a rockstar in one of Hard Rock Hotel’s Panama City suites. The hotel features a nightclub, rooftop bar, awesome swimming pool, great restaurants, and it is very centrally located to all the action in Panama City.

380 1111 /  / BOOK NOW


Avenida B and Calle 8, Casco Viejo

Avenida B and Calle 8, Casco Viejo

Tantalo is one of the hippest boutique hotels in Casco Viejo with uniquely designed rooms and home to Panama City’s hottest rooftop bar.

262 4030 / / BOOK NOW

Ultimate Luxury (click book now for prices)

American Trade Hotel

Avenida Central and Calle 10 Oeste, Casco Viejo

Avenida Central and Calle 10 Oeste, Casco Viejo

Stay at one of the most beautifully restore buildings in Casco Viejo. Also features a swimming pool and a gym, which are very rare amenities in the historic district.

211 2000 / / BOOK NOW

Trump Ocean Club

Calle Punta Chiriqui, Punta Pacifica

Calle Punta Chiriqui, Punta Pacifica

Donald Trump has placed his stamp in Panama City’s most luxurious neighborhood. This urban oasis features several restaurants, world-class casino, and the most stunning pool area in Panama City overlooking the ocean.

855 225 9640 / BOOK NOW

Las Clementinas

Calle 11, Avenida B, Casco Viejo

Calle 11, Avenida B, Casco Viejo

Las Clementines is a luxury boutique hotel in Casco Viejo with a private rooftop overlooking the city and spacious “chambers” equipped with full kitchens.

228 7613BOOK NOW

Short Term Apartment Rentals

Staying in an apartment in Panama City can bring some of the comforts of home like being able to cook your food and have access to a washer and dryer. HOWEVER, short term apartment rentals in Panama City are illegal if they are less than 45 days. BUT, a lot of people do not follow this rule. If by chance there were to be some trouble it would be the host that has to pay a fine and not yourself (just say that you knew nothing about the 45-day rule). You can book an apartment in Panama City using one of the following sites:


Airbnb lets hosts list their entire apartment or extra room to be available to rent daily. It’s a great way to have a more “local” stay in Panama, and if you opt for staying in someone’s extra room, you have a host that can give you some tips on what to do in the city. Get $25 off your first Airbnb stay when you sign up through THIS LINK.

Corporate Stays

Corporate Stays specializes in high-end apartments in Panama City and several other destinations around the world. They even have a concierge service to help out with all your needs during your stay. VISIT WEBSITE


Disclaimer: This post contains affiliate links, and if you go on to book one of the above hotel rooms, I will be paid a small commission. I spent a lot of time researching, going to these hotels, and using my knowledge of the neighborhoods, so all opinions above are my own and was not influenced by any of the hotels. However, by clicking BOOK NOW, your cost will be the same or maybe even less than booking directly with the hotels. 

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