173 Must-Know Hotel Statistics and Travel Trends in Panama City, Panama for 2024

Hotel Availability and Types in Panama City

Number of Hotels

• There are 151 hotels in Panama City.

Distribution by Star Rating

• Panama City has 3 hotels with a 1-star rating, accounting for 2.0% of all hotels.
• Panama City has 9 hotels with a 2-star rating, accounting for 6.0% of all hotels.
• Panama City has 46 hotels with a 3-star rating, accounting for 30.5% of all hotels.
• Panama City has 41 hotels with a 4-star rating, accounting for 27.2% of all hotels.
• Panama City has 20 hotels with a 5-star rating, accounting for 13.2% of all hotels.
• We also have 32 hotels with an unknown star rating in Panama City, accounting for 21.2% of all hotels.

Hotel Pricing Trends in Panama City

Average Prices Over Time

• The average price of a hotel in Panama City is $104 per night.

Average Price by Star Rating

• The average price of a 1-star hotel in Panama City is $25 per night.
• The average price of a 2-star hotel in Panama City is $206 per night.
• The average price of a 3-star hotel in Panama City is $66 per night.
• The average price of a 4-star hotel in Panama City is $112 per night.
• The average price of a 5-star hotel in Panama City is $173 per night.
• The average price of a hotel in Panama City with an unknown star rating is $81 per night.

Hotel Price Distribution

• There are 35 hotels in Panama City priced in the $0-$50 range, accounting for 27.3% of all hotels.
• There are 44 hotels in Panama City priced in the $50-$100 range, accounting for 34.4% of all hotels.
• There are 38 hotels in Panama City priced in the $100-$200 range, accounting for 29.7% of all hotels.
• There are 10 hotels in Panama City priced in the $200-$500 range, accounting for 7.8% of all hotels.
• There are 1 hotels in Panama City priced in the $500-$1000 range, accounting for 0.8% of all hotels.

Best Month to Visit by Price

• The average price of a hotel in Panama City in January is $101.
• The average price of a hotel in Panama City in February is $104.
• The average price of a hotel in Panama City in March is $102.
• The average price of a hotel in Panama City in April is $105.
• The average price of a hotel in Panama City in May is $120.
• The average price of a hotel in Panama City in June is $263.
• The average price of a hotel in Panama City in July is $282.
• The average price of a hotel in Panama City in August is $134.
• The average price of a hotel in Panama City in September is $131.
• The average price of a hotel in Panama City in October is $94.
• The average price of a hotel in Panama City in November is $88.
• The average price of a hotel in Panama City in December is $96.

Hotel Ratings and Reviews in Panama City

Number of Reviews

• We've collected 63,862 reviews for hotels in Panama City.

Review Distribution by Traveler Type

• There are 10,040 reviews from business travelers in Panama City, accounting for 15.7% of all reviews.
• There are 22,068 reviews from couples in Panama City, accounting for 34.6% of all reviews.
• There are 12,872 reviews from families in Panama City, accounting for 20.2% of all reviews.
• There are 4,126 reviews from friends in Panama City, accounting for 6.5% of all reviews.
• There are 2,524 reviews from group travelers in Panama City, accounting for 4.0% of all reviews.
• There are 8,113 reviews from solo travelers in Panama City, accounting for 12.7% of all reviews.
• There are 4,119 reviews from travelers with an unknown type in Panama City, accounting for 6.4% of all reviews.

Average Hotel Ratings Over Time

• The average rating for hotels in Panama City in 2024 is 7.81, based on 10,935 reviews.
• The average rating for hotels in Panama City in 2023 was 7.73, based on 11,128 reviews.
• The average rating for hotels in Panama City in 2022 was 7.85, based on 10,049 reviews.
• The average rating for hotels in Panama City in 2021 was 7.50, based on 2,263 reviews.
• The average rating for hotels in Panama City in 2020 was 8.14, based on 1,046 reviews.
• The average rating for hotels in Panama City in 2019 was 7.58, based on 3,499 reviews.
• The average rating for hotels in Panama City in 2018 was 7.52, based on 3,468 reviews.
• The average rating for hotels in Panama City in 2017 was 7.48, based on 4,266 reviews.
• The average rating for hotels in Panama City in 2016 was 7.66, based on 4,512 reviews.
• The average rating for hotels in Panama City in 2015 was 7.25, based on 3,973 reviews.
• The average rating for hotels in Panama City in 2014 was 7.77, based on 2,942 reviews.
• The average rating for hotels in Panama City in 2013 was 7.52, based on 2,312 reviews.
• The average rating for hotels in Panama City in 2012 was 7.43, based on 1,687 reviews.
• The average rating for hotels in Panama City in 2011 was 7.01, based on 703 reviews.
• The average rating for hotels in Panama City in 2010 was 6.59, based on 349 reviews.
• The average rating for hotels in Panama City in 2009 was 6.79, based on 306 reviews.
• The average rating for hotels in Panama City in 2008 was 6.21, based on 169 reviews.
• The average rating for hotels in Panama City in 2007 was 6.31, based on 104 reviews.
• The average rating for hotels in Panama City in 2006 was 7.09, based on 78 reviews.
• The average rating for hotels in Panama City in 2005 was 7.02, based on 59 reviews.
• The average rating for hotels in Panama City in 2004 was 7.53, based on 14 reviews.

Average Ratings by Star Rating

• The average rating for 1-star hotels in Panama City is 6.36.
• The average rating for 2-star hotels in Panama City is 6.86.
• The average rating for 3-star hotels in Panama City is 7.45.
• The average rating for 4-star hotels in Panama City is 8.01.
• The average rating for 5-star hotels in Panama City is 8.46.
• The average rating for hotels in Panama City with an unknown star rating is 7.85.

Average Ratings by Traveler Type

• The average rating for business travelers in Panama City is 7.57.
• The average rating for couples in Panama City is 7.88.
• The average rating for families in Panama City is 7.84.
• The average rating for friends in Panama City is 7.96.
• The average rating for group travelers in Panama City is 7.74.
• The average rating for solo travelers in Panama City is 7.83.
• The average rating for travelers with an unknown type in Panama City is 7.73.

Best Months to Visit by Ratings

• The average rating for hotels in Panama City in January is 7.67.
• The average rating for hotels in Panama City in February is 7.60.
• The average rating for hotels in Panama City in March is 7.57.
• The average rating for hotels in Panama City in April is 7.74.
• The average rating for hotels in Panama City in May is 8.03.
• The average rating for hotels in Panama City in June is 7.90.
• The average rating for hotels in Panama City in July is 7.85.
• The average rating for hotels in Panama City in August is 7.93.
• The average rating for hotels in Panama City in September is 7.89.
• The average rating for hotels in Panama City in October is 7.79.
• The average rating for hotels in Panama City in November is 7.78.
• The average rating for hotels in Panama City in December is 7.79.

Top Hotel and Travel Statistics for Luxury Hotels in Panama City

• There are 54 Luxury Hotels operating in Panama City.
• The average rating for Luxury Hotels in Panama City is 8.20, based on 41,761 reviews.
• Travelers can expect to pay around $130 per night for a Luxury Hotel in Panama City.
• If you're looking for the best month to book a Luxury Hotel in Panama City by rating, it's August, with an average rating of 8.54.
• If you're looking for the cheapest month to book a Luxury Hotel in Panama City, it's November, with an average price of $121.
• Solo Travelers are the most satisfied travelers when visiting Luxury Hotels in Panama City, rating their stays at 8.34 on average.
• Business Travelers are the least satisfied travelers when visiting Luxury Hotels in Panama City, rating their stays at 7.97 on average.
• Luxury Hotel prices in Panama City peak in September, with an average price of $142.

Availability and Types of Luxury Hotels in Panama City

Number of Luxury Hotels

• There are 54 Luxury Hotels in Panama City.

Star Rating Distribution for Luxury Hotels

• There are 36 Luxury Hotels in Panama City with a 4-star rating, accounting for 66.7% of all Luxury Hotels.
• There are 18 Luxury Hotels in Panama City with a 5-star rating, accounting for 33.3% of all Luxury Hotels.

Pricing Trends for Luxury Hotels in Panama City

Average Price Over Time for Luxury Hotels

• The average price for Luxury Hotels in Panama City is $130.

Average Price by Star Rating for Luxury Hotels

• The average price for 4-star Luxury Hotels in Panama City is $104.
• The average price for 5-star Luxury Hotels in Panama City is $185.

Price Distribution for Luxury Hotels

• There are 3 Luxury Hotels in Panama City priced in the $0-$50 range, accounting for 5.8% of all Luxury Hotels.
• There are 20 Luxury Hotels in Panama City priced in the $50-$100 range, accounting for 38.5% of all Luxury Hotels.
• There are 22 Luxury Hotels in Panama City priced in the $100-$200 range, accounting for 42.3% of all Luxury Hotels.
• There are 7 Luxury Hotels in Panama City priced in the $200-$500 range, accounting for 13.5% of all Luxury Hotels.

Best Month to Stay at a Luxury Hotel Based on Price

• The average price for Luxury Hotels in Panama City in January is $129.
• The average price for Luxury Hotels in Panama City in February is $135.
• The average price for Luxury Hotels in Panama City in March is $131.
• The average price for Luxury Hotels in Panama City in April is $138.
• The average price for Luxury Hotels in Panama City in May is $132.
• The average price for Luxury Hotels in Panama City in June is $140.
• The average price for Luxury Hotels in Panama City in July is $140.
• The average price for Luxury Hotels in Panama City in August is $141.
• The average price for Luxury Hotels in Panama City in September is $142.
• The average price for Luxury Hotels in Panama City in October is $132.
• The average price for Luxury Hotels in Panama City in November is $121.
• The average price for Luxury Hotels in Panama City in December is $125.

Ratings and Reviews for Luxury Hotels in Panama City

Number of Reviews for Luxury Hotels

• We've collected 41,761 reviews for Luxury Hotels in Panama City.

Review Distribution for Luxury Hotels

• There are 7,761 reviews for Luxury Hotels from business travelers in Panama City, accounting for 18.6% of all reviews.
• There are 13,962 reviews for Luxury Hotels from couples in Panama City, accounting for 33.4% of all reviews.
• There are 8,509 reviews for Luxury Hotels from families in Panama City, accounting for 20.4% of all reviews.
• There are 2,856 reviews for Luxury Hotels from friends in Panama City, accounting for 6.8% of all reviews.
• There are 1,471 reviews for Luxury Hotels from group travelers in Panama City, accounting for 3.5% of all reviews.
• There are 4,626 reviews for Luxury Hotels from solo travelers in Panama City, accounting for 11.1% of all reviews.
• There are 2,576 reviews for Luxury Hotels from travelers with an unknown type in Panama City, accounting for 6.2% of all reviews.

Average Rating Over Time for Luxury Hotels

• The average rating for Luxury Hotels in Panama City in 2024 is 8.21, based on 6,817 reviews.
• The average rating for Luxury Hotels in Panama City in 2023 was 7.89, based on 6,933 reviews.
• The average rating for Luxury Hotels in Panama City in 2022 was 8.18, based on 5,557 reviews.
• The average rating for Luxury Hotels in Panama City in 2021 was 7.89, based on 1,285 reviews.
• The average rating for Luxury Hotels in Panama City in 2020 was 8.16, based on 756 reviews.
• The average rating for Luxury Hotels in Panama City in 2019 was 8.14, based on 2,634 reviews.
• The average rating for Luxury Hotels in Panama City in 2018 was 7.73, based on 2,611 reviews.
• The average rating for Luxury Hotels in Panama City in 2017 was 8.01, based on 2,995 reviews.
• The average rating for Luxury Hotels in Panama City in 2016 was 8.10, based on 3,228 reviews.
• The average rating for Luxury Hotels in Panama City in 2015 was 7.85, based on 2,883 reviews.
• The average rating for Luxury Hotels in Panama City in 2014 was 8.14, based on 2,145 reviews.
• The average rating for Luxury Hotels in Panama City in 2013 was 7.99, based on 1,606 reviews.
• The average rating for Luxury Hotels in Panama City in 2012 was 7.70, based on 1,159 reviews.
• The average rating for Luxury Hotels in Panama City in 2011 was 7.57, based on 436 reviews.
• The average rating for Luxury Hotels in Panama City in 2010 was 7.05, based on 195 reviews.
• The average rating for Luxury Hotels in Panama City in 2009 was 7.42, based on 195 reviews.
• The average rating for Luxury Hotels in Panama City in 2008 was 6.67, based on 111 reviews.
• The average rating for Luxury Hotels in Panama City in 2007 was 6.51, based on 80 reviews.
• The average rating for Luxury Hotels in Panama City in 2006 was 7.47, based on 65 reviews.
• The average rating for Luxury Hotels in Panama City in 2005 was 7.00, based on 56 reviews.
• The average rating for Luxury Hotels in Panama City in 2004 was 7.53, based on 14 reviews.

Average Rating by Star Rating for Luxury Hotels

• The average rating for 4-star Luxury Hotels in Panama City is 7.99.
• The average rating for 5-star Luxury Hotels in Panama City is 8.62.

Average Rating by Traveler Type for Luxury Hotels

• The average rating of Luxury Hotels from business travelers in Panama City is 7.97.
• The average rating of Luxury Hotels from couples in Panama City is 8.26.
• The average rating of Luxury Hotels from families in Panama City is 8.22.
• The average rating of Luxury Hotels from friends in Panama City is 8.33.
• The average rating of Luxury Hotels from group travelers in Panama City is 8.16.
• The average rating of Luxury Hotels from solo travelers in Panama City is 8.34.
• The average rating of Luxury Hotels from travelers with an unknown type in Panama City is 8.07.

Best Month to Stay at a Luxury Hotel by Rating

• The average rating for Luxury Hotel in Panama City in January is 8.01.
• The average rating for Luxury Hotel in Panama City in February is 7.99.
• The average rating for Luxury Hotel in Panama City in March is 8.03.
• The average rating for Luxury Hotel in Panama City in April is 8.31.
• The average rating for Luxury Hotel in Panama City in May is 8.28.
• The average rating for Luxury Hotel in Panama City in June is 8.26.
• The average rating for Luxury Hotel in Panama City in July is 8.30.
• The average rating for Luxury Hotel in Panama City in August is 8.54.
• The average rating for Luxury Hotel in Panama City in September is 8.42.
• The average rating for Luxury Hotel in Panama City in October is 8.18.
• The average rating for Luxury Hotel in Panama City in November is 8.25.
• The average rating for Luxury Hotel in Panama City in December is 8.12.