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Panama · 3 hotels · Done

The 3 best hotels in Panama City.

One Budget, one Best Value, one Luxury, chosen from 14 hotels Booking.com returned for the same stay. No endless list: pick your style and book.

BudgetSpend thoughtfully

Hotel Mio Panamá

Bella Vista · Panama City · ★★★★
8.41,809 Booking.com reviews
Checked 19 Sep 2026

Lowest eligible reference rate · gym, pool.

  • Gym
  • Pool
  • Restaurant
  • Free parking
€51 / night
Reference rate
10–12 Nov 2026 · 2 adults
Check price & availability ↗
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Why this Budget pick
  • Guest feedback: 8.4/10 from 1,809 guest reviews; joint review-score position 11 of 14 eligible properties in the provider sample.
  • Budget choice: €51.16 per night was the lowest eligible reference price after reserving the upscale choice.
  • Price context: €51.16/night versus a sample median of €115.72/night (56% below the median).
  • Location: Bella Vista, Panama City. Address: Calle Manuel María Icaza Hotel Mío Panamá. Walking times and distances to attractions have not been verified.
Best ValueThe balanced pick

Plaza Paitilla Inn

Punta Paitilla · Panama City · ★★★★
8.96,256 Booking.com reviews
Checked 19 Sep 2026

8.9/10 with a balanced reference price · gym, spa.

  • Gym
  • Spa
  • Pool
  • Restaurant
€111 / night
Reference rate
10–12 Nov 2026 · 2 adults
Check price & availability ↗
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Why this Best Value pick
  • Guest feedback: 8.9/10 from 6,256 guest reviews; joint review-score position 4 of 14 eligible properties in the provider sample.
  • Best Value choice: balances the guest score, the number of reviews and the reference price; it is not necessarily the cheapest hotel.
  • Price context: €111.23/night versus a sample median of €115.72/night (4% below the median).
  • Location: Punta Paitilla, Panama City. Address: Via Italia Punta Paitilla Calle Wiston Churchil. Walking times and distances to attractions have not been verified.
LuxuryMake it exceptional

Sofitel Legend Casco Viejo, Panama City

Casco Viejo · Panama City · ★★★★★
9.5871 Booking.com reviews
Checked 19 Sep 2026

Five-star stay · gym, spa.

  • Gym
  • Spa
  • Pool
  • Restaurant
€369 / night
Reference rate
10–12 Nov 2026 · 2 adults
Check price & availability ↗
Map ↗Compare with dates
Why this Luxury pick
  • Guest feedback: 9.5/10 from 871 guest reviews; joint review-score position 1 of 14 eligible properties in the provider sample.
  • Luxury choice: 5 stars (official). Five-star hotels are prioritized; a four-star fallback must score at least 8.5.
  • Price context: €369.24/night versus a sample median of €115.72/night.
  • Location: Casco Viejo, Panama City. Address: Calle Primera Oeste San Felipe Casco Viejo. Walking times and distances to attractions have not been verified.

Reference rates for 10–12 Nov 2026, 2 adults, 1 room · Booking.com snapshot 19 Sep 2026. Prices change: always confirm on the booking page. Route between the three on Google Maps ↗

Panama City hotels compared

PickHotelAreaStarsGuest scoreRef. price / night
BudgetHotel Mio PanamáBella Vista48.4 (1,809)€51
Best ValuePlaza Paitilla InnPunta Paitilla48.9 (6,256)€111
LuxurySofitel Legend Casco Viejo, Panama CityCasco Viejo59.5 (871)€369

Questions about hotels in Panama City

What is the best budget hotel in Panama City?
Hotel Mio Panamá in Bella Vista: rated 8.4/10 from 1,809 Booking.com reviews, with a reference rate of about €51 per night (10–12 Nov 2026, 2 adults). It was the lowest eligible rate among the 14 hotels in our sample.
What is the best value hotel in Panama City?
Plaza Paitilla Inn in Punta Paitilla. It balances guest feedback (8.9/10 from 6,256 reviews) against price (about €111 per night).
What is the best luxury hotel in Panama City?
Sofitel Legend Casco Viejo, Panama City in Casco Viejo, a 5-star hotel rated 9.5/10 from 871 reviews.
Where should I stay in Panama City?
Our three picks are in Bella Vista, Punta Paitilla, Casco Viejo. Open each hotel on the map to see the neighbourhood before you book.
Are these hotel prices live?
No. They are reference rates for 10–12 Nov 2026, 2 adults and 1 room, checked on Booking.com on 19 Sep 2026. Your price depends on your dates; the booking link shows the current rate.

How we pick the three

Budget is the lowest eligible reference rate. Best Value balances price and guest score. Luxury prioritises five-star hotels; if none qualify, a four-star rated 8.5+ is labelled as an upscale alternative. Every pick shows its source, review count and the date we checked it. This is a data-based shortlist, not a paid ranking.

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