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The Top 10 Cheapest Hotels in Panama

The Top 10 Cheapest Hotels in Panama

Picture of Brittney Schering
Updated: 12 December 2017

Panama is famous for being an incredible destination that remains sufficiently under the radar to keep prices down, with many great hotels still very affordable. Here is a list of the best that remain under $100 per night.

Toscana Inn Hotel

This hotel is fun and affordable with excellent hospitality. Just $75 a night, Toscana Inn Hotel is an excellent value offering in the city with helpful accommodations for guests and a great ambience for your vacation.


Hotel Costa Inn

Rates so low it seems surreal, a room at Hotel Costa Inn will cost you just $34 per night. Convenient and comfortable, this hotel offers an airport shuttle to and from the international airport. A best-value location in Panama City, this price is half of what most cheap hotels cost – nearly free, respectively!


La Cresta Inn

Another budget-friendly hotel in Panama City is La Cresta Inn. Just $48 per night will get you a very clean, no-hassle, friendly lodging accommodation. Spacious rooms, comfortable beds and great hospitality are some of the best assets of this location.


Centroamericano Hotel

Deemed amazing for a budget-friendly hotel, Centroamericano Hotel boasts a clean place of safety and comfort at an affordable price – just $34 per night. Enjoy the plentiful perks of this unique hotel in the heart of Panama City.


Country Inn & Suites by Carlson

Voted number one in value out of 115 hotels in Panama City, a stay in this savvy hotel sets you alongside the Panama Canal, an incredibly convenient location. A night stay can cost you just $80 in this comfortable, cozy hotel. You’ll also find the Albrook Mall and Bus Terminal nearby, and the city center just a 10-minute taxi ride away.


Hotel Coral Suites

Another incredibly affordable option is Hotel Coral Suites, offering spacious hotel rooms for an even lower price – $68 per night. This hotel is known for having helpful customer service that will make navigating Panama City a breeze.


Clarion Victoria Hotel and Suites

Another notable best-value hotel option in Panama City is Clarion Victoria Hotel and Suites. Perks include free breakfast, and low prices range from $67 per night if booked on Booking.com, or $79 per night on other sites such as Expedia, Hotwire, and Hotels.com.


Holiday Inn

Holiday Inn is a classic for a comfortable stay anywhere you go. One night in Panama will cost you $81, and this chain offers a gorgeous pool and regular amenities of Holiday Inn hospitality.


Grand International Hotel

Another option for comfort, convenience and modern luxury is Grand International Hotel. Stay here for just $67 per night. A great place at a prime price, it’s one of the best value hotels in Panama City.


Holiday Inn Express Panama Distrito Financiero

Another location for Holiday Inn is the express version of the hotel in the heart of the city’s ritzy financial district. Enjoy your stay for a low cost of $64 per night. Affordable, comfortable and convenient – this Holiday Inn’s location is central to the best offerings of the city. You can’t beat it.