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The best cheap hotels in Panama

Check out our pick of great cheap hotels in Panama

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Superb: 9+ Very good: 8+ Good: 7+ Pleasant: 6+
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At Ramada Plaza Panamá - Punta Pacífica you will find a restaurant and a fitness centre. Other facilities offered at the property include meeting facilities, a shared lounge and a tour desk. The property offers free parking. The best experience and hotel in a very long time of my travels around different countries. Everything is perfect: check-in, the staff helps at every step, pays attention to details, the hotel creates comfort and coziness at every step, you don't think about anything. The room is amazing, not small, clean, no noise, a beautiful view of the city, the space is well thought out. There is mouthwash in the bathroom. Room service is perfect, the restaurant is delicious, especially the chicken soup and octopus. Breakfast is everything you need and there is nothing superfluous, no excess food. It is located 6 minutes walk from the shopping center and 15 minutes drive from the international airport. We did not use the pool, as we had transit flights and we stayed at the hotel only for shopping.

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9.1
Superb
3,010 reviews
Price from
US$130
per night

8.4 km from Estadio Rommel Fernandez, Tocumen Airport Los Corcho Suites is a recently renovated property set in Tapia Número Dos and offers air-conditioned rooms with free WiFi and private parking. There is a private entrance at the apartment for the convenience of those who stay. Boasting family rooms, this property also provides guests with a children's playground. Cozy, clean comfortable suite that is conveniently located close to Tocumen airport. Hosts were very responsive and met us upon arrival. Suite is very organized with complimentary toiletries. We enjoyed our short stay

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9.4
Superb
127 reviews
Price from
US$82
per night

Ideally located in Panama City, ORHO Hotel Boutique Marbella Panama City offers air-conditioned rooms with free WiFi and free private parking. The property has city views and is 6.7 km from Ancon Hill and 7.9 km from Bridge of the Americas. Guests can make use of a garden. Very Unique Cozy Boho Decor with attention from staff!! Quiet in a busy part of town...will return!!

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9.4
Superb
199 reviews
Price from
US$65
per night

5.7 km from Rod Carew National Stadium, OyeBonita Hostel is located in Panama City and provides air-conditioned rooms. Among the facilities at this property are a shared kitchen and a shared lounge, along with free WiFi throughout the property. The property is non-smoking and is situated 8 km from Ancon Hill. I'd call this place home. Stefany is the most special host I've ever met. She treats everyone absolutely wholeheartedly, helps you in every possible way, even integrates your life into hers by bringing you a lot of love from both her and her family members.. She is capable of all that simply because she loves what she's doing, it's her life instead of just a job.. I'd definitely come back to my "home" no matter how far away I am.. It's a place where all of your worries go away the moment you enter, because she does all the worries for you.. 😄😄😆😆

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9.6
Exceptional
100 reviews
Price from
US$15
per night

Situated within 6.7 km of Ancon Hill and 8.1 km of Bridge of the Americas, Hostal EL Prado features rooms with air conditioning and a private bathroom in Panama City. This recently renovated guest house is located 8.9 km from Rod Carew National Stadium and 9 km from Estadio Rommel Fernandez. Boasting family rooms, this property also provides guests with a sun terrace. It was clean and in a good location. It was secured with cameras at the entrance which made me feel safe. It had a nicely decorated balcony overlooking the street.

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9.1
Superb
380 reviews
Price from
US$49.50
per night

Set in Panama City and with Ancon Hill reachable within 4 km, Hotel La Compañía Casco Antiguo features concierge services, allergy-free rooms, a terrace, free WiFi throughout the property and a restaurant. This 5-star hotel offers a 24-hour front desk and a business centre. The hotel offers an outdoor swimming pool, fitness centre, nightclub and room service. I had a wonderful stay at Hotel La Compañía. The location is absolutely perfect—right in the heart of everything. The staff were incredibly friendly and helpful throughout my visit. I especially loved the stylishly renovated rooms, which were both elegant and comfortable, with a super comfy bed. The breakfast buffet was generous and delicious, offering a great start to each day. One of my favorite features was the peaceful inner garden—a perfect spot to relax after exploring the city. Highly recommended!

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9.4
Superb
502 reviews
Price from
US$395
per night

Situated in Panama City, 4 km from Ancon Hill, Sofitel Legend Casco Viejo, Panama City features accommodation with an outdoor swimming pool, private parking, a fitness centre and a garden. Featuring a restaurant, the property also has a terrace and a bar. The accommodation offers a 24-hour front desk, airport transfers, room service and free WiFi. Gorgeous property and outstanding service! Definitely exceeded my expectations. The Concierge workers were super helpful and made our visit very special. The views of the city and unique location on the water and also in the heart of the Old Town was just spectacular. Highly recommend this property!

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9.5
Exceptional
870 reviews
Price from
US$337.50
per night

Totumas Lodge, a property with a shared lounge, is situated in Panama City, 6.2 km from Estadio Rommel Fernandez, 6.9 km from Rod Carew National Stadium, as well as 11 km from Bridge of the Americas. This guest house features free private parking, a shared kitchen and free WiFi. The guest house has family rooms. Excellent location in the city, gracious and friendly host, close to an excellent supermarket, bars and restaurants.

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9.4
Superb
168 reviews
Price from
US$40
per night

Situated in Panama City, 3.6 km from Bridge of the Americas, La Concordia - Boutique Hotel features a terrace and views of the city. This 4-star hotel offers room service, a concierge service and free WiFi. The accommodation features airport transfers, while a bicycle rental service is also available. Very nice for a reasonable price.

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9.3
Superb
211 reviews
Price from
US$323.68
per night

Offering a sun terrace and water sports facilities, Taboga Palace SPA Hotel is situated in Taboga. Guests can enjoy the on-site bar. Taboga Palace SPA Hotel offers sun terrace and infinity pool.

Certain units include a seating area where you can relax. All rooms have private balcony and some rooms feature views of the sea. Rooms are equipped with a private bathroom fitted with a shower. For your comfort, you will find bathrobes and slippers. Beautiful place, very clean, great location. I definitely recommend.

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9.6
Exceptional
451 reviews
Price from
US$130
per night

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