
Best Panama City 5 star hotels

KAYAK’s insights for 5 star hotels in Panama City
Discover seasonal trends, ideal booking windows, and other data-driven tips to plan your stay in Panama City with confidence.
How much does a 5 star hotel room in Panama City cost?
The average price for a 5 star hotel in Panama City is $216 but this can vary depending on the season and when you’ve booked. In the last 7 days, the cheapest price found on KAYAK was $88 at Gran Evenia Panama.
Which month has the cheapest rates for 5 star hotels?
5 star hotels in Panama City are cheapest in May, with an average rate of $139. On the other hand, they are at their most expensive in August, where the average price is $278.
What is the cheapest day of the week to book a 5 star hotel in Panama City?
The lowest prices can usually be found on Wednesday, where the average nightly price is $127. The most expensive night is generally Thursday, where the average price is $228.
Which neighbourhood do KAYAK users most love to book their 5 star hotel in Panama City?
The most popular neighbourhood in Panama City among KAYAK users to search for a 5 star hotel is Casco Viejo, with an average price of $477. Sofitel Legend Casco Viejo - Panama City, Hotel Casa Panamá, and Central Hotel Panama Casco Viejo rank among the highest-rated hotels in Casco Viejo.
How early should you book a 5 star hotel in Panama City?
Book at least 7 days before your stay begins to get the best price for your Panama City 5 star hotel.
Good to know
Low season | High season | Average price (weeknight) | Average price (weekend night) | Lowest hotel price |
|---|---|---|---|---|
May | August | $204 | $168 | $88 |
Cheapest month to stay with an average 24% drop in price. | Most expensive month to stay with an average 52% rise in price. | Average Sun - Thu price over the last 2 weeks. | Average Fri & Sat price over the last 2 weeks. | The cheapest 5 star hotel room rate in the last 7 days |













