5-star hotels in Panama City

Find the best 5-star hotel in Panama City for your dates, by price or preference

Compare 5-star hotel deals across hundreds of providers, all in one place

Look out for 5-star hotels in Panama City with free cancellation or excellent ratings

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Prices may change – just add your dates for the best estimate. Note that prices are based on previous traveler searches and partner prices.
Prices may change – just add your dates for the best estimate. Note that prices are based on previous traveler searches and partner prices.
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Beat the lines at the top Panama City attractions by staying close to them.

5-star hotels in Panama City: FAQs

In Panama City, the expected average temperature in May is 28°C. The warmest month is typically May, which averages 29°C. The coolest month is October, with temperatures averaging 25°C. The rainiest month is June, and the driest month is February.

You can always cancel or amend your hotel reservation if you need to, but look out for hotels in Panama City with free cancellation or flexible booking options if you want to protect your money. Some hotels allow you to cancel and get your money back if your plans change.

Of course, the cheapest hotel deal we found within the next seven days is AED 55 per night. If you need somewhere in the next 24 hours, we've found you somewhere to stay for AED 55 per night.

The average price of a hotel during the week is AED 512 per night, and the average price on weekends is AED 514. Overall, it looks like the cheapest day to stay in Panama City could be Sunday.

The nearest airport to Panama City is Panama City Paitilla Airport (PAC), which is 4.7km from the city center.

Other airports include:

Balboa Airport, which is 4.9km from the city center.
Panama City Tocumen International Airport, which is 17.9km from the city center.

We crunched some numbers on our calendar and found that Sunday is the cheapest day to stay in Panama City, and the most expensive day seems to be Friday.

The average price of a 3-star hotel in Panama City is currently around AED 202 per night, and the cheapest 3-star hotel we've found is AED 62 per night.

The average price of a 4-star hotel in Panama City is currently around AED 611 per night, and the cheapest 4-star hotel we've found is AED 166 per night.

The average price of a 5-star hotel in Panama City is currently around AED 814 per night, and the cheapest 5-star hotel we've found is AED 344 per night.

The cheapest month to stay in a hotel in Panama City is July, with an average price of AED 521 per night. The most expensive month is May, when the average room rate can be up to AED 1,177 per night. These average prices are based on all the hotels we found – from hostels to fancy 5-star hotels.

The average price of a hotel in June is AED 796 per night, which is around 21% higher than the rest of the year.
Get your morning laps in at Le Meridien Panama, Hotel Caribe Panamá, and Hotel Terranova.
If you’re planning a trip with the whole family, the best-rated hotels for you near Panama City are American Trade Hotel, Ramada Plaza by Wyndham Panama Punta Pacifica and Hilton Panama.