--- title: "Panama City hotel prices by month (2026/27): when to stay for less" description: "Hotel prices in Panama City month by month, from 21 hotels on Agoda. Cheapest: May (about €89). Priciest: November (about €94)." url: https://stayversus.com/en/panama/panama-city/prices/ language: en source: StayVersus (https://stayversus.com) retrieved: 2026-10-24 --- # Hotel prices in Panama City, month by month A typical hotel night in Panama City costs about €89 in May and €94 in November. That is a 6% gap. June and August come close to the low point, a good fallback if May does not suit you. These figures come from 21 hotels in Panama City whose prices we check on Agoda on a rolling basis. Across the whole year the typical night averages €91. - **Cheapest month:** [May](https://stayversus.com/en/hotel-prices/may/) €89 - **Most expensive month:** [November](https://stayversus.com/en/hotel-prices/november/) €94 - **Typical night, year average:** €91 - **Saturday vs Tuesday:** −1% - **Hotels price-checked:** 21 ## Typical nightly price by month Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct - Cheapest month: May, about €89 a night on average - Most expensive month: November, about €94 a night on average The typical price is the median of the monthly averages of up to 21 hotels we price-check on Agoda (one night, 2 adults). In euros. Where else is cheap in: [January](https://stayversus.com/en/hotel-prices/january/) · [February](https://stayversus.com/en/hotel-prices/february/) · [March](https://stayversus.com/en/hotel-prices/march/) · [April](https://stayversus.com/en/hotel-prices/april/) · [May](https://stayversus.com/en/hotel-prices/may/) · [June](https://stayversus.com/en/hotel-prices/june/) · [July](https://stayversus.com/en/hotel-prices/july/) · [August](https://stayversus.com/en/hotel-prices/august/) · [September](https://stayversus.com/en/hotel-prices/september/) · [October](https://stayversus.com/en/hotel-prices/october/) · [November](https://stayversus.com/en/hotel-prices/november/) · [December](https://stayversus.com/en/hotel-prices/december/) ## Weekend or weekday? Weekends and weekdays cost about the same in Panama City, so the month matters far more than the day. ## Prices by hotel class A five-star room averages €211 in May and €265 in November; four-star hotels go from €98 to €118. Hotels of three stars and below range from €41 to €41. ## Good-value hotels in Panama City Rated 8.5 or higher by guests, ordered by their average nightly price across the year. - [Canova](https://stayversus.com/en/hotel/canova-panama-city/prices/) ★★★ 8.6 · 101 reviews **€25**cheapest in November - [Residencial & Hotel Palazzo](https://stayversus.com/en/hotel/residencial-hotel-palazzo-panama-city/prices/) ★★★ 8.9 · 34 reviews **€31**cheapest in December - [Principe Hotel and suites](https://stayversus.com/en/hotel/principe-hotel-and-suites-panama-city/prices/) ★★★ 8.8 · 448 reviews **€50**cheapest in February - [Holiday Inn Panama Distrito Financiero By IHG](https://stayversus.com/en/hotel/holiday-inn-panama-distrito-financiero-by-ihg-panama-city/prices/) ★★★★ 8.7 · 80 reviews **€77**cheapest in February - [Grand International Hotel](https://stayversus.com/en/hotel/grand-international-hotel-panama-city/) ★★★ 8.6 · 1,494 reviews **€92**cheapest in November - [TRYP by Wyndham Panama Centro](https://stayversus.com/en/hotel/tryp-by-wyndham-panama-centro-panama-city/prices/) ★★★½ 8.7 · 164 reviews **€96**cheapest in June - [Ramada Plaza by Wyndham Panama Punta Pacifica](https://stayversus.com/en/hotel/ramada-plaza-by-wyndham-panama-punta-pacifica-panama-city/prices/) ★★★★ 9.3 · 171 reviews **€106**cheapest in January - [Riu Plaza Panama](https://stayversus.com/en/hotel/riu-plaza-panama-panama-city/prices/) ★★★★★ 8.9 · 163 reviews **€129**cheapest in September ## Five-star hotels in the cheapest month Typical nightly price in the cheapest month (May), lowest first. - [Riu Plaza Panama](https://stayversus.com/en/hotel/riu-plaza-panama-panama-city/prices/)8.9 · 163 reviews **€120**year average €129 - [Bristol Panama, a Registry Collection Hotel](https://stayversus.com/en/hotel/bristol-panama-a-registry-collection-hotel-panama-city/prices/)9.2 · 60 reviews **€181**year average €204 - [Waldorf Astoria Panama](https://stayversus.com/en/hotel/waldorf-astoria-panama-panama-city/prices/)9.1 · 33 reviews **€231**year average €261 - [Sofitel Legend Casco Viejo](https://stayversus.com/en/hotel/sofitel-legend-casco-viejo-panama-city/)9.5 · 21 reviews **€611**year average €427 ## Hotel prices month by month in Panama City The most-reviewed hotels in Panama City with a full year of price checks. - [Principe Hotel and suites prices by month](https://stayversus.com/en/hotel/principe-hotel-and-suites-panama-city/prices/) €50 · cheapest in February - [Hotel San Remo prices by month](https://stayversus.com/en/hotel/hotel-san-remo-panama-city/prices/) €21 · cheapest in November - [Ramada Plaza by Wyndham Panama Punta Pacifica prices by month](https://stayversus.com/en/hotel/ramada-plaza-by-wyndham-panama-punta-pacifica-panama-city/prices/) €106 · cheapest in January - [TRYP by Wyndham Panama Centro prices by month](https://stayversus.com/en/hotel/tryp-by-wyndham-panama-centro-panama-city/prices/) €96 · cheapest in June - [Riu Plaza Panama prices by month](https://stayversus.com/en/hotel/riu-plaza-panama-panama-city/prices/) €129 · cheapest in September - [Canova prices by month](https://stayversus.com/en/hotel/canova-panama-city/prices/) €25 · cheapest in November - [Holiday Inn Panama Distrito Financiero By IHG prices by month](https://stayversus.com/en/hotel/holiday-inn-panama-distrito-financiero-by-ihg-panama-city/prices/) €77 · cheapest in February - [Hotel Casa Panama prices by month](https://stayversus.com/en/hotel/hotel-casa-panama-panama-city/prices/) €64 · cheapest in March - [Bristol Panama, a Registry Collection Hotel prices by month](https://stayversus.com/en/hotel/bristol-panama-a-registry-collection-hotel-panama-city/prices/) €204 · cheapest in September - [Hilton Panama prices by month](https://stayversus.com/en/hotel/hilton-panama-panama-city/prices/) €245 · cheapest in August - [Residencial & Hotel Palazzo prices by month](https://stayversus.com/en/hotel/residencial-hotel-palazzo-panama-city/prices/) €31 · cheapest in December - [Waldorf Astoria Panama prices by month](https://stayversus.com/en/hotel/waldorf-astoria-panama-panama-city/prices/) €261 · cheapest in June ## Hotel prices in Panama City: questions ### What is the cheapest month to stay in Panama City? May. A typical hotel night then costs about €89, against a yearly average of €91. ### When are hotels in Panama City most expensive? In November, at about €94 a night for a typical hotel, 6% more than in May. ### Are weekends more expensive in Panama City? Weekends and weekdays cost about the same in Panama City, so the month matters far more than the day. ### How much is a five-star hotel in Panama City? About €211 a night in May, the cheapest month, and €265 in November. ### Where do these prices come from? We check real Agoda prices for 21 hotels in Panama City: one night for two adults on a Tuesday and a Saturday in every month of the coming year, refreshed every few weeks. The typical price is the median of the hotels’ monthly averages. Prices are in euros, last updated 22 October 2026; the final price is shown before you book. [All hotels in Panama City](https://stayversus.com/en/panama/panama-city/) [Hotel prices by month](https://stayversus.com/en/hotel-prices/) --- Source: https://stayversus.com/en/panama/panama-city/prices/. Facts are compiled by StayVersus from partner data (Agoda), Overture Maps, OpenStreetMap, OurAirports, public Google Maps listings and hotels' own websites. Scores use one formula for every hotel. Methodology: https://stayversus.com/en/about/