The Top Cheapest Hotels in Panama

Courtesy of Clara/AirBnB
Courtesy of Clara/AirBnB
Photo of Laura Field
18 June 2021

From the cobblestoned Casco Viejo district in the capital to the car-free island of Carenero, Panama will spoil you with a choice of budget hotel stays all across the country – we’ve chosen the best, so you can focus on exploring Panama’s wonders.

With its glistening coastline, mystical cloud forests and brimming biodiversity, Panama is so much more than just a country with a famous canal. From laid-back beach towns to the swanky rooftops in Panama City, the country that links Central and South America can get a little pricey. To ensure you can see as much of Panama’s beauty as possible, we’ve rounded up the best budget hotels the country has to offer, all bookable with Culture Trip.

Radisson Hotel Panama Canal

Hotel
Radisson Hotel Panama Canal
Courtesy of Radisson Hotel Panama Canal / Expedia.com
The Radisson Hotel Panama Canal overlooks the internationally famous body of water, so you can see all the maritime comings and goings. The pool and sun loungers are surrounded by palm trees, and there’s free tea and coffee on tap to recharge you throughout the day. For a bit of retail therapy, or simply to wistfully browse, jump on the hotel’s free shuttle to the colossal Albrook Mall.
More info

Victoria Hotel & Suites

Hotel
Map View
ezgif.com-gif-maker (11)
Courtesy of Victoria Hotel & Suites / Expedia.com | Courtesy of Victoria Hotel & Suites / Expedia.com
Set in the hype of the financial district in Panama City, Victoria Hotel & Suites offers 84 spacious rooms and 43 deluxe suites looking out onto the flashy skyline (without flashy prices to match). Head out for a stroll, jog or even rollerblade down the Cinta Costera, a sublime seafront recreational area downtown, before returning to the hotel and cooling off with a refreshing dip in the rooftop pool.

Hotel Casa Panamá

Boutique Hotel
3.6/5 (253 Reviews)
Hotel Casa Panamá
Courtesy of Hotel Casa Panamá / Expedia.com
From $68 Per night per room
Located in the endearing cobblestoned area of Casco Viejo, the Old Quarter of Panama City, is Hotel Casa Panamá. With eccentric wooden headboards, exposed stone walls and a chic, contemporary rooftop area, this place has all the feels of a boutique hotel without breaking the bank. It’s a short walk from the Canal Museum and Presidential Palace, so you can brush up on your knowledge of the city’s history.
More info

Cosmic Crab Resort

Resort
Cosmic Crab Resort
Courtesy of Cosmic Crab Resort / Expedia.com
Cosmic Crab Resort is located on the shimmering, road-free Isla Carenero, within the Bocas del Toro Archipelago in northern Panama. The vivid azure cabins are as bright as the crystalline water they sit on, and each one can accommodate up to seven people. The sunbathing deck, with its cushioned loungers and delicately mosaicked tables, is a pristine spot for listening to the lapping waves and basking in the relaxed Caribbean breeze.
More info

Las Clementinas

Budget Hotel, Boutique Hotel, Apartment
4.5/5 (93 Reviews)
Las Clementinas
Courtesy of Las Clementinas / Expedia.com
From $76 Per night per room
Las Clementinas Boutique Hotel has just six apartments and three studios, so intimacy and attention to detail from the staff are guaranteed. The hotel is in a beautifully renovated ancient house in the heart of Panama City’s historic center. Head up to the expansive rooftop to take in the capital from above, and revel in the feeling of design-forward luxury at an affordable price.
More info

Selina Playa Venao

Hostel, Hotel
3.9/5 (52 Reviews)
Selina Playa Venao
Courtesy of Selina Playa Venao / Expedia.com
From $80 Per night per room
Selina Playa Venao on the Azuero Peninsula is one of the finest and most sociable surf spots in Panama. Nothing needs to be done with haste at this beachfront, palm-tree-adorned haven. Take up kayaking or windsurfing with an expert guide, stretch out on the shorefront yoga deck, or simply wind down in the garden that is adorned with twinkling fairy lights, after catching some stellar waves.
More info

Selina Kalu Yala

Hotel
Selina Kalu Yala
Courtesy of Selina Kalu Yala / Expedia.com
A few hours’ drive from Panama City lies the unassuming, eco-conscious world of Selina Kalu Yala. Sip on some freshly fermented rum from the onsite distillery, and while away the day swimming in the river and soaking up the sounds of surrounding toucans and howler monkeys. Stay in teepees or wooden cabins, and, if you need to get in touch with the outside world, there’s solar-powered, high-speed wifi.
More info

Why Book With Culture Trip?

  • Free cancellation

    In these uncertain times, cancel or change for free on select properties.

  • Price-match guarantee

    Find a better price on your booking and we’ll match it. Simple.

  • Unbiased & trustworthy

    Book from recommendations handpicked by travel experts.

  • Koko Acqua Lodge

    Boutique Hotel, Guesthouse
    Map View
    Koko Acqua Lodge
    Courtesy of Koko Acqua Lodge / Expedia.com
    Just a short walk from the laid-back, backpacker town of Bocas del Toro lies the dreamy, serene Koko Acqua Lodge. Colorful bungalows on stilts sit over the gleaming water, with each one guaranteeing a far-spanning view of the Caribbean Sea. Head to neighboring Istmito Beach for some bathing and bronzing, or set out on a canoeing jaunt around Saigon Bay.

    Hotel Santa Catalina Panama

    Hotel
    Map View
    Hotel Santa Catalina Panama
    Courtesy of Hotel Santa Catalina Panama / Expedia.com
    In Veraguas Province, Hotel Santa Catalina looks out onto the wave-blessed Pacific coast. Surfing will likely be at the top of your agenda here, but you can also go diving to see turtles and sharks at the Unesco-protected Coiba Island or horseback riding along the beach. The high-ceilinged rooms all have memory foam mattresses and cotton sheets – ideal for dozing off after a long day exploring the water.

    Punta Caracol Aqua Lodge

    Apartment, Eco-Lodge
    4.5/5 (59 Reviews)
    Punta Caracol
    Courtesy of Punta Caracol / Expedia.com
    From $210 Per night per room
    Exclusive, mint-hued cabins stilted above the aquamarine Caribbean Sea await at Punta Caracol in the Bocas del Toro Archipelago. Designed to sit subtly in their surroundings, the cabins were built using native woods, clays and palm leaves, with solar panels providing all the energy for the hotel. Snorkel along the mile-long coral reef next to the hotel, and, at the end of the day, check out the sunset from your cabin’s deck as dolphins play in the water around you.
    More info

    Hacienda Los Molinos Boutique Hotel

    Boutique Hotel
    Hacienda Los Molinos Boutique Hotel
    Courtesy of Hacienda Los Molinos Boutique Hotel / Expedia.com
    Hacienda Los Molinos Boutique Hotel sits atop the majestic canyon of the Río Cochea in Chiriquí Province. The rustic rooms and villas will have you feeling right at home on this historic ranch with its very own stone-rimmed pool. Take a seat at the Canyon Bar, where you can sip on a slushy daiquiri and look out over the misty cloud forest and Volcán Barú, the highest peak in Panama.
    More info

    Azul Paradise

    Hotel
    Azul Paradise
    Courtesy of Azul Paradise / Expedia.com
    Azul Paradise’s two locations in Bocas del Toro both offer luxurious over-the-water bungalows but without the hefty price tag you might expect; one is in Bocas town itself, and the other is on a more secluded side of the island (a boat runs between the two). Chalky white sand and azure waters abound in this slice of bliss. Swim and snorkel at Starfish Beach, or head to Dolphin Bay to watch the bottlenose beauties frolicking in the water.
    More info
    These recommendations were updated on June 18, 2021 to keep your travel plans fresh.

    Cookies Policy

    We and our partners use cookies to better understand your needs, improve performance and provide you with personalised content and advertisements. To allow us to provide a better and more tailored experience please click "OK"