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Now is one of the best times to visit Panama City because the over-construction of hotels in the city has caused hotel rates to drastically drop. 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.

*Feature photo taken at Selina.


Staying at Selina means you can be in a beautifully designed space without breaking the bank. The property features a rooftop pool, cinema, restaurants, a library, and a communal kitchen. The standard rooms start at $75/night but they even have cheaper options if you’re willing to share a bathroom or be in one of the dormitories. 

From $75/Night | BOOK NOW 

Global Hotel

Global Hotel is the most luxurious option on this list for the price you pay. $85/night gets you high-end finishes, a rooftop pool & jacuzzi overlooking the city, and you are right in the middle of downtown.

From $85/Night | BOOK NOW 

 Magnolia Inn


Magnolia Inn 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.

From $80/Night | BOOK NOW 

Riande Granada Urban Hotel


The Riande Granada Urban Hotel is a funky hotel in Panama City that offers a tropical swimming pool, biergarten, sundeck, and a unique style that will keep you looking around.

From $66/Night | BOOK NOW



Orriental 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. The only thing lacking from this hotel is a pool.

From $55/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 small rooftop infinity pool!

From $66/Night | BOOK NOW 

Sevilla Suites

Sevilla Suites is an apart-hotel located in the El Cangrejo neighborhood. Each unit comes with a fully equipped kitchen so you can save on meals out and common laundry facilities. The newly renovated pool is an added bonus!

From $63/Night | BOOK NOW



Novotel is 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!

From $54/Night | BOOK NOW 

Ramada Plaza

The Ramada Plaza is conveniently located with Panama City’s San Francisco neighborhood where you’re steps from great restaurants, bars, breweries, and more. It’s also located right next to the Multiplaza Mall, which is home to some of the city’s top stores.

From $83/Night | BOOK NOW


The TRYP Hotel is located in the El Cangrejo neighborhood where you are steps away from the trendy Via Argentina boulevard and a metro stop nearby. The hotel features a small rooftop pool, gym, and free wifi.

From $56/Night | BOOK NOW

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

Experience Panama


I'm Joey, a guy from Louisville, Kentucky that packed up and studied abroad in Panamá at the age of 20 and haven't moved back since. What started as a semester trip to Panamá has turned into 10+ years of living in Latin America and becoming a full-time travel blogger. I now rotate between living in Panama City, Bogotá, and Lima. Follow me on Instagram @joeybonura for more updates on my life abroad!

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