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Our top choices for Panama City cheap hotels

Crowne Plaza Panama Airport by IHG

Crowne Plaza Panama Airport by IHG
4.0 star property
Tocumen
8.6 out of 10, Excellent, (2,508 reviews)
"Good place to stay while traveling."
United States
Annery
The price is ฿3,950
฿4,559 total
includes taxes & fees
30 May - 31 May
Crowne Plaza Panama Airport by IHG

Hotel Riu Plaza Panama

Hotel Riu Plaza Panama
5.0 star property
Bella Vista
9.0 out of 10, Wonderful, (5,378 reviews)
"Very nice clean spacious rooms with great breakfast!"
United States
Petronella
The price is ฿4,016
฿4,417 total
includes taxes & fees
28 May - 29 May
Hotel Riu Plaza Panama

Riande Aeropuerto Hotel & Casino

Riande Aeropuerto Hotel & Casino
4.0 star property
Tocumen
8.4 out of 10, Very good, (1,842 reviews)
"Friendly staff."
Canada
Samuel
The price is ฿3,541
฿3,895 total
includes taxes & fees
21 May - 22 May
Riande Aeropuerto Hotel & Casino

Radisson Hotel Panama Canal

Radisson Hotel Panama Canal
4.5 star property
Amador
8.6 out of 10, Excellent, (1,003 reviews)
"Good hotel, great pool, great location, full breakfast. "
Canada
Byron
The price is ฿2,553
฿2,809 total
includes taxes & fees
24 May - 25 May
Radisson Hotel Panama Canal

ORHO HOTEL BOUTIQUE PANAMA Airport

ORHO HOTEL BOUTIQUE PANAMA Airport
2.0 star property
Tocumen
8.8 out of 10, Excellent, (114 reviews)
"Great place to stay with plenty of places nearby for food and drinks"
United States
Thomas
The price is ฿3,885
฿5,043 total
includes taxes & fees
6 May - 7 May
ORHO HOTEL BOUTIQUE PANAMA Airport

Courtyard by Marriott Panama Metromall

Courtyard by Marriott Panama Metromall
4.0 star property
San Antonio
9.0 out of 10, Wonderful, (1,004 reviews)
"Great service, very comfortable beds, truly excellent breakfast manager and staff. "
United States
Elizabeth
The price is ฿3,138
฿3,451 total
includes taxes & fees
24 May - 25 May
Courtyard by Marriott Panama Metromall

The Executive Hotel

The Executive Hotel
3.5 star property
Bella Vista
9.2 out of 10, Wonderful, (1,098 reviews)
"The hotel is very comfortable and centrally located, the breakfast is excellent, I highly recommend it"
United States
Lucia
The price is ฿2,687
฿2,956 total
includes taxes & fees
12 May - 13 May
The Executive Hotel

Hyatt Regency Panama City

Hyatt Regency Panama City
5.0 star property
Bella Vista
9.6 out of 10, Exceptional, (291 reviews)
"Clean great food transportation to everything was close"
United States
celso
The price is ฿5,148
฿5,663 total
includes taxes & fees
31 May - 1 Jun
Hyatt Regency Panama City

Ramada Plaza by Wyndham Panama Punta Pacifica

Ramada Plaza by Wyndham Panama Punta Pacifica
4.0 star property
San Francisco
9.6 out of 10, Exceptional, (1,179 reviews)
"Clean room, very helpful staff and great breakfast."
United States
Emmanuela
The price is ฿3,248
฿3,572 total
includes taxes & fees
25 May - 26 May
Ramada Plaza by Wyndham Panama Punta Pacifica

Albrook Inn

Albrook Inn
3.0 star property
Panama City
7.8 out of 10, Good, (604 reviews)
"Awesome place near the airport. Clean great breakfast and also a pool. Beauty one night stop!"
Canada
Richard J
The price is ฿2,066
฿2,273 total
includes taxes & fees
7 May - 8 May
Albrook Inn
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Find out more about Panama City

Discover cheap things to do in Panama City

For budget-conscious travellers exploring Panama City, the vibrant Casco Viejo is a must-visit. This historic district, a UNESCO World Heritage site, features colourful historic architecture and charming cobblestone streets, perfect for leisurely strolls without spending a dime. Enjoy the local atmosphere at the bustling Plaza Francia, where you can often catch free music performances or local art displays. The Cinta Costera, a scenic waterfront promenade, offers stunning views of the skyline and the Pacific Ocean, making it an ideal spot for a relaxing walk or a family picnic. Don't miss the impressive Panama Canal Museum, which has a small entrance fee and provides fascinating insights into this engineering marvel. For affordable dining, head to Mercado de Mariscos, where you can sample fresh ceviche at reasonable prices while enjoying the lively market atmosphere. When it comes to accommodation, consider staying in the El Cangrejo neighbourhood, known for its budget-friendly hotels and hostels. This area is home to a variety of eateries and shops, ensuring you’re never far from the action while keeping your expenses in check.

Find the best cheap hotels in Panama City

For travellers seeking affordable yet comfortable stays in Panama City, these hotels offer great value without compromising on essential amenities. Explore these top picks that cater perfectly to budget-conscious guests.

Best Western El Dorado Panama Hotel

  • Why it's great for a budget-friendly vacation: Best Western El Dorado Panama Hotel is a fantastic option for budget-conscious guests, earning a solid review rating of 9.0. This hotel offers a range of complimentary amenities, including free breakfast options available daily and a 24-hour airport shuttle, making it a practical choice for travellers.
  • Other amenities: Guests can also take advantage of an outdoor pool to relax and unwind, along with free self-parking. The hotel features a fitness centre for those looking to maintain their routine, and convenient kitchenettes in select rooms. With easy access to nearby shopping and attractions, it’s an ideal base for exploring Panama City on a budget.
  • Neighborhood: Bethania
  • Nearby attractions: Crown Casino - 4.1 km, El Dorado Mall - 0.5 km, Iglesia del Carmen - 3.7 km

Top Panama City Hotel Reviews

Frequently asked questions

What is Panama City like for travellers on a budget?
Panama City offers a variety of cheap accommodation options and places to visit, making it a great holiday choice for budget-conscious travellers. In addition to its well-known attractions such as Albrook Shopping Mall, this destination is home to Cinta Costera and Miraflores Locks, which you can enjoy while spending very little.
What's the best budget-friendly hotel in Panama City?
Based on reviews, Hotel Riu Plaza Panama is a popular hotel for our travellers who want a more economical choice, and features free buffet breakfast and free Wi-Fi. Other choices for your budget-friendly stay include Principe Hotel and Suites and The Executive Hotel.
How many low-cost hotels can I expect to find in Panama City?
Choose a hotel that suits your wallet from Expedia's 34 budget hotels in Panama City.
When is the best time for a budget trip to Panama City?
Weather is probably a major factor when you plan your trip to Panama City, but bear in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually March and April, with an average temperature of 27°C, while the coldest months are January and February, with an average of 26°C. The rainiest months in Panama City are July, August, June and November, with each month seeing an average of 369 mm of rainfall.
What is there to see and do in Panama City?
Panama City attracts visitors with its major shopping area and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the top local attractions that interest you most, such as Albrook Shopping Mall, and then look for sights and activities that cost little or nothing at all. Explore and snap photos of landmarks like Iglesia del Carmen, or check out the area's cultural spots like Interoceanic Canal Museum and Biomuseo.
How can I get to Panama City and get around on a budget?
Scoping out the transportation options in Panama City can help keep you on budget. The most convenient airport is Panama City (PAC-Marcos A. Gelabert Intl.), situated 2.5 mi (4 km) away. However, if that doesn't suit your budget, you can arrange flights in and out of Balboa (BLB-Panama Pacifico Intl.), which is 6.3 mi (10.1 km) away. Take advantage of metro transport at Iglesia del Carmen Station, Vía Argentina and Santo Tomas Station. If you want to venture outside the area, hop on a train at Panama City Passenger Station.