How much does a 5-star hotel in Panama City cost?

A 5-star hotel in Panama City generally starts at $88 per night, with an average price of about $154.

What is the cheapest 5-star hotel in Panama City?

In Panama City, Vista Del Mar Bay Front Tower Grand Bay Tower is your go-to for affordable luxury, with rates beginning at $38 for a 5-star experience.

What is the best 5-star hotel in Panama City?

Among 5-star accommodations in Panama City, Sofitel Legend Casco Viejo - Panama City shines with its 9.4 user rating and an average nightly cost of $694, making it a top choice.

5-star Hotels in Panama City from $98

Travel insights for hotels in Panama City

Use our HotelsCombined data-powered tips to help you find your next hotel in Panama City.

How much do hotels in Panama City cost?

The average price of a hotel in Panama City has been around $150/night over the last 3 days. You can expect year-round prices for a 5-star hotel in Panama City to be around $154/night, a 4-star hotel at $120/night, and a 3-star at $74/night on average.

What is the cheapest month to book a hotel in Panama City?

The cheapest month to book a hotel in Panama City is June ($144). Conversely, the most expensive month to stay in Panama City is August ($169).

What is the cheapest day to stay in a hotel in Panama City?

The cheapest day to stay in Panama City is Saturday ($155). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is $205.

How much is a hotel in Panama City tonight?

Users have found prices for hotels in Panama City tonight starting as low as $10, rising to an average cost of $140, based on searches in the last 72 hours. Prices start from $38 for a 4-star hotel in Panama City for tonight.

How much is a Panama City hotel room this weekend?

In the past 72 hours, we’ve seen prices for hotels in Panama City this weekend for as little as $15/night. If you’re specifically looking for a 3-star hotel this weekend, our users have found prices as low as $15/night. For a 4-star hotel in Panama City, the cheapest rate recently found was $48/night for this weekend.

How far ahead should you book a hotel in Panama City?

Save money by booking a hotel at least 8 days before your trip to Panama City. The lowest price found when booking 8 days ahead was $18 per night.

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Cheapest 5-star hotels in Panama City

These are the lowest-priced 5-star hotels our users have recently found in Panama City. Prices may vary based on dates selected and hotel location.

Show all 37 5-star hotels

Renaissance Panama City Hotel

Via España & Ricardo Arias Street, Panama City, Panama

0.1 mi from city centre

Free Wi-Fi

Parking

$98

Avg. per night

Panama City 5-star Hotels

Compare rates for 5-star hotels in Panama City, Panama from hundreds of popular travel sites on HotelsCombined.

Travel insights for hotels in Panama City

Use our HotelsCombined data-powered tips to help you find your next hotel in Panama City.

How much do hotels in Panama City cost?

The average price of a hotel in Panama City has been around $150/night over the last 3 days. You can expect year-round prices for a 5-star hotel in Panama City to be around $154/night, a 4-star hotel at $120/night, and a 3-star at $74/night on average.

What is the cheapest month to book a hotel in Panama City?

The cheapest month to book a hotel in Panama City is June ($144). Conversely, the most expensive month to stay in Panama City is August ($169).

What is the cheapest day to stay in a hotel in Panama City?

The cheapest day to stay in Panama City is Saturday ($155). On the other hand, travelers can expect to pay the most on Friday, when the average nightly price is $205.

How much is a hotel in Panama City tonight?

Users have found prices for hotels in Panama City tonight starting as low as $10, rising to an average cost of $140, based on searches in the last 72 hours. Prices start from $38 for a 4-star hotel in Panama City for tonight.

How much is a Panama City hotel room this weekend?

How far ahead should you book a hotel in Panama City?

Save money by booking a hotel at least 8 days before your trip to Panama City. The lowest price found when booking 8 days ahead was $18 per night.

Cheapest 5-star hotels in Panama City

Discover affordable 5-star hotels in Panama City that provide a quality experience without breaking the bank. 5-star hotels in Panama City can be found for as low as $98 per night. Price data was last updated on November 13, 2025

These are the lowest-priced 5-star hotels our users have recently found in Panama City. Prices may vary based on dates selected and hotel location.

Other star-rated hotels in Panama City

Hotels that are booked the most in each class receive the “Most popular” badge. Hotels with the “Best value” have the most attractive prices based on their popularity. Price data was last updated on November 13, 2025.

Not set on a 5-star hotel? We’ve got plenty of other options for you to choose from. These are the most popular and best value properties in Panama City based on hotel class.

4 stars

3 stars

2 stars and under

Other accommodations in Panama City

Find deals on places to stay in Panama City that are not hotels. These are just a few of the most popular hostels and vacation rentals in the area. Pricing information was last updated on November 13, 2025.

Looking for something less traditional for your stay? Find the perfect hostel or vacation rental for your trip in Panama City.

Where to stay in Panama City

Explore different areas within Panama City to find the perfect location for your stay. Map data was last updated on November 13, 2025.

The map below shows all 5-star hotels in Panama City. Zoom in to find popular attractions and click on a nearby hotel for more information about the property.

Facts about 5-star hotels in Panama City

Find useful tips and insights about 5-star hotels in Panama City to help you make the most of your experience. FAQs were last updated on November 13, 2025.

How much does a 5-star hotel in Panama City cost?

What is the cheapest 5-star hotel in Panama City?

What is the best 5-star hotel in Panama City?

Stay elsewhere in Panama City

Consider these popular 3-star hotels in Panama City

Stay at one of these Panama City 3-star hotels that users have found on HotelsCombined.