197 Must-Know Hotel Statistics and Travel Trends in Panama for 2025

Hotel Availability and Types in Panama

Number of Hotels

• There are 396 hotels in Panama.

Distribution by Star Rating

• Panama has 4 hotels with a 1-star rating, accounting for 1.0% of all hotels.
• Panama has 21 hotels with a 2-star rating, accounting for 5.3% of all hotels.
• Panama has 120 hotels with a 3-star rating, accounting for 30.3% of all hotels.
• Panama has 86 hotels with a 4-star rating, accounting for 21.7% of all hotels.
• Panama has 40 hotels with a 5-star rating, accounting for 10.1% of all hotels.
• We also have 125 hotels with an unknown star rating in Panama, accounting for 31.6% of all hotels.

Hotel Pricing Trends in Panama

Average Prices Over Time

• The average price of a hotel in Panama is $115 per night.

Average Price by Star Rating

• The average price of a 1-star hotel in Panama is $42 per night.
• The average price of a 2-star hotel in Panama is $61 per night.
• The average price of a 3-star hotel in Panama is $94 per night.
• The average price of a 4-star hotel in Panama is $131 per night.
• The average price of a 5-star hotel in Panama is $203 per night.
• The average price of a hotel in Panama with an unknown star rating is $100 per night.

Hotel Price Distribution

• There are 64 hotels in Panama priced in the $0-$50 range, accounting for 19.3% of all hotels.
• There are 122 hotels in Panama priced in the $50-$100 range, accounting for 36.7% of all hotels.
• There are 113 hotels in Panama priced in the $100-$200 range, accounting for 34.0% of all hotels.
• There are 30 hotels in Panama priced in the $200-$500 range, accounting for 9.0% of all hotels.
• There are 2 hotels in Panama priced in the $500-$1000 range, accounting for 0.6% of all hotels.
• There are 1 hotels in Panama priced in the $1000+ range, accounting for 0.3% of all hotels.

Best Month to Visit by Price

• The average price of a hotel in Panama in January is $117.
• The average price of a hotel in Panama in February is $107.
• The average price of a hotel in Panama in March is $111.
• The average price of a hotel in Panama in April is $110.
• The average price of a hotel in Panama in May is $109.
• The average price of a hotel in Panama in June is $114.
• The average price of a hotel in Panama in July is $112.
• The average price of a hotel in Panama in August is $126.
• The average price of a hotel in Panama in September is $200.
• The average price of a hotel in Panama in October is $106.
• The average price of a hotel in Panama in November is $107.
• The average price of a hotel in Panama in December is $113.

Hotel Ratings and Reviews in Panama

Number of Reviews

• We've collected 47,381 reviews for hotels in Panama.

Review Distribution by Traveler Type

• There are 3,793 reviews from business travelers in Panama, accounting for 8.0% of all reviews.
• There are 17,106 reviews from couples in Panama, accounting for 36.1% of all reviews.
• There are 9,919 reviews from families in Panama, accounting for 20.9% of all reviews.
• There are 1,339 reviews from friends in Panama, accounting for 2.8% of all reviews.
• There are 3,713 reviews from group travelers in Panama, accounting for 7.8% of all reviews.
• There are 8,452 reviews from solo travelers in Panama, accounting for 17.8% of all reviews.
• There are 3,059 reviews from travelers with an unknown type in Panama, accounting for 6.5% of all reviews.

Average Hotel Ratings Over Time

• The average rating for hotels in Panama in 2025 is 8.90, based on 16 reviews.
• The average rating for hotels in Panama in 2024 was 7.97, based on 14,552 reviews.
• The average rating for hotels in Panama in 2023 was 8.03, based on 15,767 reviews.
• The average rating for hotels in Panama in 2022 was 7.89, based on 12,887 reviews.
• The average rating for hotels in Panama in 2021 was 7.91, based on 2,467 reviews.
• The average rating for hotels in Panama in 2020 was 8.28, based on 1,692 reviews.

Average Ratings by Star Rating

• The average rating for 1-star hotels in Panama is 6.00.
• The average rating for 2-star hotels in Panama is 7.04.
• The average rating for 3-star hotels in Panama is 7.61.
• The average rating for 4-star hotels in Panama is 8.11.
• The average rating for 5-star hotels in Panama is 8.39.
• The average rating for hotels in Panama with an unknown star rating is 8.21.

Average Ratings by Traveler Type

• The average rating for business travelers in Panama is 8.00.
• The average rating for couples in Panama is 7.93.
• The average rating for families in Panama is 8.09.
• The average rating for friends in Panama is 8.21.
• The average rating for group travelers in Panama is 7.96.
• The average rating for solo travelers in Panama is 8.04.
• The average rating for travelers with an unknown type in Panama is 7.93.

Best Months to Visit by Ratings

• The average rating for hotels in Panama in January is 7.89.
• The average rating for hotels in Panama in February is 7.90.
• The average rating for hotels in Panama in March is 7.90.
• The average rating for hotels in Panama in April is 8.12.
• The average rating for hotels in Panama in May is 8.25.
• The average rating for hotels in Panama in June is 8.09.
• The average rating for hotels in Panama in July is 8.13.
• The average rating for hotels in Panama in August is 8.14.
• The average rating for hotels in Panama in September is 8.20.
• The average rating for hotels in Panama in October is 8.04.
• The average rating for hotels in Panama in November is 8.02.
• The average rating for hotels in Panama in December is 7.99.

Seasons in Panama

The seasons in Panama are determined by the percentage of reviews for each month.

City Rankings in Panama

• The city with the most hotels is Panama City, with 161 hotels.
• The city with the highest average rating is Boquete, with an average rating of 8.62.
• The city with the lowest average rating is Panama City, with an average rating of 7.67.
• The city with the most expensive hotels is Bastimentos, with average prices of $155.
• The city with the cheapest hotels is David, with average prices of $65.

Top Hotel and Travel Statistics for Budget Hotels in Panama

• There are 72 Budget Hotels operating in Panama.
• The average rating for Budget Hotels in Panama is 7.07, based on 10,412 reviews.
• Travelers can expect to pay around $50 per night for a Budget Hotel in Panama.
• If you're looking for the best month to book a Budget Hotel in Panama by rating, it's May, with an average rating of 7.64.
• If you're looking for the cheapest month to book a Budget Hotel in Panama, it's February, with an average price of $48.
• The least popular month to book a Budget Hotel in Panama is November, attracting only 6.6% of visitors.
• The most popular month to book a Budget Hotel in Panama is March, attracting 11.9% of visitors.
• Families are the most satisfied travelers when visiting Budget Hotels in Panama, rating their stays at 7.53 on average.
• Group Travelers are the least satisfied travelers when visiting Budget Hotels in Panama, rating their stays at 7.00 on average.
• Budget Hotel prices in Panama peak in September, with an average price of $57.

Availability and Types of Budget Hotels in Panama

Number of Budget Hotels

• There are 72 Budget Hotels in Panama.

Star Rating Distribution for Budget Hotels

• There are 2 Budget Hotels in Panama with a 1-star rating, accounting for 2.7% of all Budget Hotels.
• There are 4 Budget Hotels in Panama with a 2-star rating, accounting for 5.4% of all Budget Hotels.
• There are 38 Budget Hotels in Panama with a 3-star rating, accounting for 51.4% of all Budget Hotels.
• There are 15 Budget Hotels in Panama with a 4-star rating, accounting for 20.3% of all Budget Hotels.
• There are 1 Budget Hotels in Panama with a 5-star rating, accounting for 1.4% of all Budget Hotels.
• There are 14 Budget Hotels in Panama with an unknown star rating, accounting for 18.9% of all Budget Hotels.

Pricing Trends for Budget Hotels in Panama

Average Price Over Time for Budget Hotels

• The average price for Budget Hotels in Panama is $50.

Average Price by Star Rating for Budget Hotels

• The average price for 1-star Budget Hotels in Panama is $27.
• The average price for 2-star Budget Hotels in Panama is $34.
• The average price for 3-star Budget Hotels in Panama is $50.
• The average price for 4-star Budget Hotels in Panama is $59.
• The average price for 5-star Budget Hotels in Panama is $40.
• The average price for Budget Hotels with an unknown star rating in Panama is $52.

Price Distribution for Budget Hotels

• There are 35 Budget Hotels in Panama priced in the $0-$50 range, accounting for 47.3% of all Budget Hotels.
• There are 39 Budget Hotels in Panama priced in the $50-$100 range, accounting for 52.7% of all Budget Hotels.

Best Month to Stay at a Budget Hotel Based on Price

• The average price for Budget Hotels in Panama in January is $53.
• The average price for Budget Hotels in Panama in February is $48.
• The average price for Budget Hotels in Panama in March is $49.
• The average price for Budget Hotels in Panama in April is $49.
• The average price for Budget Hotels in Panama in May is $51.
• The average price for Budget Hotels in Panama in June is $52.
• The average price for Budget Hotels in Panama in July is $53.
• The average price for Budget Hotels in Panama in August is $57.
• The average price for Budget Hotels in Panama in September is $57.
• The average price for Budget Hotels in Panama in October is $51.
• The average price for Budget Hotels in Panama in November is $51.
• The average price for Budget Hotels in Panama in December is $50.

Ratings and Reviews for Budget Hotels in Panama

Number of Reviews for Budget Hotels

• We've collected 10,412 reviews for Budget Hotels in Panama.

Review Distribution for Budget Hotels

• There are 880 reviews for Budget Hotels from business travelers in Panama, accounting for 8.5% of all reviews.
• There are 3,463 reviews for Budget Hotels from couples in Panama, accounting for 33.3% of all reviews.
• There are 2,021 reviews for Budget Hotels from families in Panama, accounting for 19.4% of all reviews.
• There are 230 reviews for Budget Hotels from friends in Panama, accounting for 2.2% of all reviews.
• There are 964 reviews for Budget Hotels from group travelers in Panama, accounting for 9.3% of all reviews.
• There are 2,661 reviews for Budget Hotels from solo travelers in Panama, accounting for 25.6% of all reviews.
• There are 193 reviews for Budget Hotels from travelers with an unknown type in Panama, accounting for 1.9% of all reviews.

Average Rating Over Time for Budget Hotels

• The average rating for Budget Hotels in Panama in 2024 was 7.08, based on 3,352 reviews.
• The average rating for Budget Hotels in Panama in 2023 was 7.39, based on 3,552 reviews.
• The average rating for Budget Hotels in Panama in 2022 was 6.88, based on 2,778 reviews.
• The average rating for Budget Hotels in Panama in 2021 was 7.13, based on 474 reviews.
• The average rating for Budget Hotels in Panama in 2020 was 7.75, based on 256 reviews.

Average Rating by Star Rating for Budget Hotels

• The average rating for 1-star Budget Hotels in Panama is 5.90.
• The average rating for 2-star Budget Hotels in Panama is 5.35.
• The average rating for 3-star Budget Hotels in Panama is 7.23.
• The average rating for 4-star Budget Hotels in Panama is 7.54.
• The average rating for 5-star Budget Hotels in Panama is 2.50.
• The average rating for Budget Hotels with an unknown star rating in Panama is 7.10.

Average Rating by Traveler Type for Budget Hotels

• The average rating of Budget Hotels from business travelers in Panama is 7.42.
• The average rating of Budget Hotels from couples in Panama is 7.13.
• The average rating of Budget Hotels from families in Panama is 7.53.
• The average rating of Budget Hotels from friends in Panama is 7.36.
• The average rating of Budget Hotels from group travelers in Panama is 7.00.
• The average rating of Budget Hotels from solo travelers in Panama is 7.14.
• The average rating of Budget Hotels from travelers with an unknown type in Panama is 7.48.

Best Month to Stay at a Budget Hotel by Rating

• The average rating for Budget Hotel in Panama in January is 7.25.
• The average rating for Budget Hotel in Panama in February is 7.15.
• The average rating for Budget Hotel in Panama in March is 6.88.
• The average rating for Budget Hotel in Panama in April is 7.49.
• The average rating for Budget Hotel in Panama in May is 7.64.
• The average rating for Budget Hotel in Panama in June is 7.34.
• The average rating for Budget Hotel in Panama in July is 7.31.
• The average rating for Budget Hotel in Panama in August is 7.49.
• The average rating for Budget Hotel in Panama in September is 7.13.
• The average rating for Budget Hotel in Panama in October is 7.23.
• The average rating for Budget Hotel in Panama in November is 7.28.
• The average rating for Budget Hotel in Panama in December is 7.08.

Seasons for Budget Hotels in Panama

The seasons in Panama are determined by the percentage of reviews for Budget Hotels in each month.

Budget Hotels City Rankings in Panama

• The city with the most Budget Hotels is Panama City, with 48 Budget Hotels.
• The city with the highest average rating for Budget Hotels is Panama City, with an average rating of 6.89.
• The city with the lowest average rating for Budget Hotels is Panama City, with an average rating of 6.89.
• The city with the most expensive Budget Hotels is Panama City, with average prices of $47.
• The city with the cheapest Budget Hotels is Panama City, with average prices of $47.