MileHacker Logo
Accommodation Guide

Accommodation Guide

Panama

Accommodation Types

Overview of Choices

  • Hostels

    For backpackers, solo travelers, and budget travelers. Dorm beds are low cost (e.g., USD $15-25 per night). Many also have private rooms, shared communal areas, kitchens, and social activities. Hostels are a way to meet other travelers.

  • Mid-range Hotels

    International hotel chains and independent boutique hotels. These have comfortable rooms with standard amenities like air conditioning, private bathrooms, often a pool, fitness center, or restaurant. Prices generally range from USD $50-120 per night. They balance comfort and value.

  • Luxury Hotels

    High-end international hotel chains (e.g., Hilton, Marriott, W Hotel, The Santa Maria) and exclusive boutique properties. These have premium services, extensive facilities (spas, multiple dining options, large pools, concierge services), and sophisticated design. Prices start at USD $120+ per night, with top-tier options higher.

  • Unique Local

    Boutique Hotels in Casco Viejo: Restored colonial buildings turned into stylish boutique hotels. They blend historic charm, architectural character, and modern comfort. Each has its own distinct personality.

Rental & Alternative Stays

  • Vacation Rentals & Apartments

    Platforms like Booking.com and Airbnb have numerous apartments and houses for rent in Panama City. These options are cost-effective for families, groups, or travelers planning longer stays, with kitchen facilities, more living space, and a feeling of living like a local. They range from basic studios to spacious luxury apartments.

  • Camping & Outdoor Lodging

    Dedicated camping facilities are limited near the Panama Canal or within Panama City. Camping options exist in national parks or rural areas outside the capital, like El Valle de Antón. This is not a main accommodation option for a Canal-focused trip but can be part of a nature itinerary.

  • Homestay & Community Tourism

    These offer cultural immersion and an opportunity to learn from local communities. Such experiences are part of organized tours, not independent lodging.

  • Diverse City Character

    Modern districts have traffic and urban sounds. Gamboa and parts of Ancon/Clayton have a quieter, relaxed ambiance, ideal for tranquility.

Neighborhood Guide

A detailed breakdown of areas and their character.

Casco Viejo Old Quarter

Benefits
  • Cultural hub, walkable, rich history
  • Diverse and excellent dining, lively nightlife
  • Photogenic streets, distinct sense of place
  • Close to the Panama Canal Museum
Drawbacks
  • Can be noisy, especially on weekends
  • Some areas undergoing gentrification
  • 15-20 minute drive to Miraflores Locks

El Cangrejo / Bella Vista

Benefits
  • Central location, good transportation links
  • Metro access, diverse dining and nightlife
  • Contemporary urban feel
Drawbacks
  • Very busy and traffic-heavy
  • Especially during peak hours
  • Less historical charm than Casco Viejo

Financial District

Benefits
  • Modern amenities, high-end shopping
  • Luxury accommodation options
  • Safe for walking during the day
Drawbacks
  • Less character or local charm
  • Mainly caters to business travelers
  • Dining is often more expensive

Other Areas

Albrook / Ancon / Clayton

Closer to the Pacific entrance of the Panama Canal, Albrook Mall, and Albrook Bus Terminal. Mainly residential with some hotels for travelers with early departures. Ancon and Clayton, formerly U.S. Canal Zone, have a quieter, greener, suburban feel. Pros: Closer to Miraflores Locks (10-15 minute drive), direct access to Albrook Mall, generally quieter. Cons: Less tourist-centric, fewer diverse dining or nightlife. Taxis needed for other city attractions.

Gamboa

Within Soberanía National Park, near Gatun Lake. Eco-lodges and a nature-focused experience, directly beside the Canal's natural environment. A rainforest experience. Pros: Direct access to rainforest and Canal activities (boat tours, birdwatching, aerial tram), a tranquil setting away from city noise. Cons: Isolated, needs dedicated transport to Panama City. Limited dining outside resorts. Best for nature enthusiasts.

Booking Strategies

Smart booking secures your preferred accommodation at a good price, especially during peak times.

Advance Booking & Platforms

  • High Season (December to April): Book accommodations well in advance (3-6 months) for high season. High demand, especially for popular boutique hotels and luxury properties. Early booking secures your preferred choice and often better rates.
  • Wet Season (May to November): Booking a few weeks to a month in advance usually suffices during the wet season. Availability is higher, and prices are flexible due to lower tourist numbers. You might find last-minute deals during this time.
  • International Platforms: Widely used platforms like Booking.com, Expedia, Hotels.com, and Airbnb have a vast selection. They have detailed descriptions, photos, and traveler reviews.
  • Hotel Websites: Many hotels have "best rate guarantees" directly on their official websites. Check both third-party platforms and the hotel's direct site before booking.

Policies & Fluctuations

  • Negotiation: Walk-in rates are rarely negotiable at established hotels. For smaller guesthouses or hostels, especially in low season, a slight possibility for a small discount might exist with cash payment, but this is not guaranteed.
  • Deposit and Cancellation: These vary by property and platform. Always check specific deposit requirements and cancellation policies. Many platforms have free cancellation options up to a certain point.
  • Non-Refundable Rates: Be aware of non-refundable rates; they are often cheaper but offer no flexibility.
  • Seasonal Prices: Accommodation prices are higher during the dry season, major holidays (Christmas, New Year's), and Carnival (February/March). They typically drop during the wet season, with more affordable options.

Proximity to Attractions

Casco Viejo Access
  • Excellent for historical sites, museums (including the Panama Canal Museum), and walkable.
  • The nearest Metro station (5 de Mayo) is a short walk or taxi ride away.
Modern City & Canal Access
  • El Cangrejo/Bella Vista/Financial District: Excellent Metro access and good central locations for exploring the modern city.
  • Albrook/Ancon/Clayton: Best for convenient access to the Panama Canal locks by car or taxi. Close to the major bus terminal (Albrook).
  • Gamboa: While remote from the city, it has direct access to Canal transit tours and rainforest activities.

Safety and Ambiance

Safety Considerations

Well-lit, tourist-frequented areas like Casco Viejo, El Cangrejo, the Financial District, and the Amador Causeway are safe. Exercise caution in less developed or residential areas, especially at night. Be aware of your surroundings and avoid walking alone in poorly lit or deserted streets after dark.

Urban Ambiance

Modern districts are busy with traffic and urban sounds.

Tranquil Areas

Gamboa and parts of Ancon/Clayton offer a quieter, more relaxed ambiance, ideal for those seeking tranquility.

Accommodation Recommendations

Examples for different budget levels and traveler types, focusing on proximity and access to Panama Canal attractions and Panama City.

Budget Picks

Hostel Mamallena El Cangrejo

A popular and well-located hostel with dorms and private rooms. Known for its social atmosphere. Easy Metro access.

  • Dorms and private rooms
  • Social atmosphere
  • Good for solo travelers
  • Easy Metro access
Magnolia Inn Panama City El Cangrejo

Simple, clean, comfortable private rooms in a convenient location. Good value for budget travelers who prefer a private space.

  • Private rooms
  • Clean and comfortable
  • Convenient location
  • Good value

Mid-Range Picks

Central Hotel Panama Casco Viejo

A historic hotel in the heart of Casco Viejo. Good amenities, comfortable rooms, walkable to historic district attractions, including the Panama Canal Museum.

  • Historic hotel in Casco Viejo
  • Comfortable rooms
  • Walkable to attractions
  • Panama Canal Museum nearby
Hotel Riu Plaza Panama Financial District

Modern, well-equipped hotel in the financial district. Good facilities (pool, gym, restaurants) and easy access to transportation for exploring the city and Canal.

  • Modern hotel
  • Pool, gym, restaurants
  • Easy transportation access
  • Financial district location

Luxury Hotel Examples

  • American Trade Hotel (Casco Viejo)

    A beautifully restored, stylish hotel for a high-end experience in Casco Viejo. It combines historic grandeur with modern design, refined dining, and a jazz club.

  • The Santa Maria, a Luxury Collection Hotel & Golf Resort

    Further from city center, a resort-style experience with golf course, spa, and pools. Suitable for a luxurious escape with comprehensive amenities.

  • Family-Friendly Options

    Consider hotels with pools, larger rooms, or suites (e.g., Embassy Suites by Hilton, Marriott Executive Apartments) for more space and amenities. Vacation rentals with multiple bedrooms and kitchen facilities (Airbnb or Booking.com) are ideal for families.

  • Solo Traveler Recommendations

    Hostels with social common areas (e.g., Hostel Mamallena) for meeting other travelers and activities. Boutique hotels in Casco Viejo are safe and atmospheric, with dining and entertainment options walkable.

Long-Stay & Cultural Significance

  • Long-Stay Accommodations

    Apartment rentals via Airbnb or Booking.com are cost-effective and comfortable for extended stays, with kitchens and laundry. Serviced apartments in modern districts also cater to long-term visitors.

  • Properties with Cultural/Historical Significance

    Central Hotel Panama Casco Viejo: First hotel in Central America, played a role during Panama Canal construction. American Trade Hotel: Landmark building in Casco Viejo, restored while preserving history, now a luxurious modern hotel. Staying in Casco Viejo has a strong sense of the city's historical and cultural heritage.

  • Time and Cost Savings

    This saves time and money on taxis.

  • General Safety Tip

    Always be aware of your surroundings.

Additional Booking Tips

Direct Booking Advantage

Check hotel websites directly for "best rate guarantees" after checking booking platforms. Often, direct bookings have better loyalty benefits.

  • Compare prices carefully
  • Look for loyalty programs
  • Consider direct hotel promotions
Non-Refundable Rates

Be aware of non-refundable rates on booking platforms; they are cheaper but lack flexibility. Weigh the savings against the need for flexibility for your travel plans.

  • Cheaper upfront cost
  • No changes or cancellations
  • Suit fixed travel plans

Access to Recommended Hotels

Hostel Mamallena

Book on Booking.com

Magnolia Inn Panama City

Book on Booking.com

Central Hotel Panama Casco Viejo

Book on Booking.com