199 Must-Know Hotel Statistics and Travel Trends in Panama for 2024

Hotel Availability and Types in Panama

Number of Hotels

• There are 374 hotels in Panama.

Distribution by Star Rating

• Panama has 4 hotels with a 1-star rating, accounting for 1.1% of all hotels.
• Panama has 20 hotels with a 2-star rating, accounting for 5.3% of all hotels.
• Panama has 111 hotels with a 3-star rating, accounting for 29.7% of all hotels.
• Panama has 82 hotels with a 4-star rating, accounting for 21.9% of all hotels.
• Panama has 38 hotels with a 5-star rating, accounting for 10.2% of all hotels.
• We also have 119 hotels with an unknown star rating in Panama, accounting for 31.8% of all hotels.

Hotel Pricing Trends in Panama

Average Prices Over Time

• The average price of a hotel in Panama is $122 per night.

Average Price by Star Rating

• The average price of a 1-star hotel in Panama is $25 per night.
• The average price of a 2-star hotel in Panama is $152 per night.
• The average price of a 3-star hotel in Panama is $95 per night.
• The average price of a 4-star hotel in Panama is $133 per night.
• The average price of a 5-star hotel in Panama is $216 per night.
• The average price of a hotel in Panama with an unknown star rating is $101 per night.

Hotel Price Distribution

• There are 53 hotels in Panama priced in the $0-$50 range, accounting for 18.0% of all hotels.
• There are 97 hotels in Panama priced in the $50-$100 range, accounting for 32.9% of all hotels.
• There are 109 hotels in Panama priced in the $100-$200 range, accounting for 36.9% of all hotels.
• There are 33 hotels in Panama priced in the $200-$500 range, accounting for 11.2% of all hotels.
• There are 2 hotels in Panama priced in the $500-$1000 range, accounting for 0.7% of all hotels.
• There are 1 hotels in Panama priced in the $1000+ range, accounting for 0.3% of all hotels.

Best Month to Visit by Price

• The average price of a hotel in Panama in January is $124.
• The average price of a hotel in Panama in February is $119.
• The average price of a hotel in Panama in March is $127.
• The average price of a hotel in Panama in April is $127.
• The average price of a hotel in Panama in May is $135.
• The average price of a hotel in Panama in June is $233.
• The average price of a hotel in Panama in July is $254.
• The average price of a hotel in Panama in August is $163.
• The average price of a hotel in Panama in September is $160.
• The average price of a hotel in Panama in October is $106.
• The average price of a hotel in Panama in November is $105.
• The average price of a hotel in Panama in December is $114.

Hotel Ratings and Reviews in Panama

Number of Reviews

• We've collected 101,902 reviews for hotels in Panama.

Review Distribution by Traveler Type

• There are 11,697 reviews from business travelers in Panama, accounting for 11.5% of all reviews.
• There are 36,917 reviews from couples in Panama, accounting for 36.2% of all reviews.
• There are 23,014 reviews from families in Panama, accounting for 22.6% of all reviews.
• There are 7,647 reviews from friends in Panama, accounting for 7.5% of all reviews.
• There are 4,397 reviews from group travelers in Panama, accounting for 4.3% of all reviews.
• There are 11,718 reviews from solo travelers in Panama, accounting for 11.5% of all reviews.
• There are 6,512 reviews from travelers with an unknown type in Panama, accounting for 6.4% of all reviews.

Average Hotel Ratings Over Time

• The average rating for hotels in Panama in 2024 is 8.07, based on 16,292 reviews.
• The average rating for hotels in Panama in 2023 was 7.98, based on 18,759 reviews.
• The average rating for hotels in Panama in 2022 was 8.04, based on 16,437 reviews.
• The average rating for hotels in Panama in 2021 was 8.00, based on 3,642 reviews.
• The average rating for hotels in Panama in 2020 was 8.26, based on 1,601 reviews.
• The average rating for hotels in Panama in 2019 was 7.99, based on 5,056 reviews.
• The average rating for hotels in Panama in 2018 was 7.91, based on 5,295 reviews.
• The average rating for hotels in Panama in 2017 was 7.76, based on 6,146 reviews.
• The average rating for hotels in Panama in 2016 was 8.03, based on 6,849 reviews.
• The average rating for hotels in Panama in 2015 was 7.72, based on 6,120 reviews.
• The average rating for hotels in Panama in 2014 was 8.11, based on 4,527 reviews.
• The average rating for hotels in Panama in 2013 was 7.96, based on 3,751 reviews.
• The average rating for hotels in Panama in 2012 was 7.97, based on 3,051 reviews.
• The average rating for hotels in Panama in 2011 was 7.66, based on 1,481 reviews.
• The average rating for hotels in Panama in 2010 was 7.52, based on 936 reviews.
• The average rating for hotels in Panama in 2009 was 7.56, based on 688 reviews.
• The average rating for hotels in Panama in 2008 was 7.18, based on 466 reviews.
• The average rating for hotels in Panama in 2007 was 7.18, based on 323 reviews.
• The average rating for hotels in Panama in 2006 was 7.34, based on 244 reviews.
• The average rating for hotels in Panama in 2005 was 7.54, based on 180 reviews.
• The average rating for hotels in Panama in 2004 was 8.14, based on 58 reviews.

Average Ratings by Star Rating

• The average rating for 1-star hotels in Panama is 6.36.
• The average rating for 2-star hotels in Panama is 7.50.
• The average rating for 3-star hotels in Panama is 7.86.
• The average rating for 4-star hotels in Panama is 8.17.
• The average rating for 5-star hotels in Panama is 8.57.
• The average rating for hotels in Panama with an unknown star rating is 8.32.

Average Ratings by Traveler Type

• The average rating for business travelers in Panama is 8.00.
• The average rating for couples in Panama is 8.15.
• The average rating for families in Panama is 8.16.
• The average rating for friends in Panama is 8.19.
• The average rating for group travelers in Panama is 8.13.
• The average rating for solo travelers in Panama is 8.13.
• The average rating for travelers with an unknown type in Panama is 7.95.

Best Months to Visit by Ratings

• The average rating for hotels in Panama in January is 7.98.
• The average rating for hotels in Panama in February is 8.01.
• The average rating for hotels in Panama in March is 7.91.
• The average rating for hotels in Panama in April is 8.14.
• The average rating for hotels in Panama in May is 8.36.
• The average rating for hotels in Panama in June is 8.27.
• The average rating for hotels in Panama in July is 8.19.
• The average rating for hotels in Panama in August is 8.23.
• The average rating for hotels in Panama in September is 8.27.
• The average rating for hotels in Panama in October is 8.12.
• The average rating for hotels in Panama in November is 8.11.
• The average rating for hotels in Panama in December is 8.08.

Seasons in Panama

The seasons in Panama are determined by the percentage of reviews for each month.

City Rankings in Panama

• The city with the most hotels is Panama City, with 151 hotels.
• The city with the highest average rating is Bastimentos, with an average rating of 8.66.
• The city with the lowest average rating is Panama City, with an average rating of 7.82.
• The city with the most expensive hotels is Bastimentos, with average prices of $156.
• The city with the cheapest hotels is David, with average prices of $65.

Top Hotel and Travel Statistics for Serviced Apartments in Panama

• There are 6 Serviced Apartments operating in Panama.
• The average rating for Serviced Apartments in Panama is 8.70, based on 556 reviews.
• Travelers can expect to pay around $105 per night for a Serviced Apartment in Panama.
• If you're looking for the best month to book a Serviced Apartment in Panama by rating, it's September, with an average rating of 9.16.
• If you're looking for the cheapest month to book a Serviced Apartment in Panama, it's October, with an average price of $82.
• The least popular month to book a Serviced Apartment in Panama is October, attracting only 4.7% of visitors.
• The most popular month to book a Serviced Apartment in Panama is February, attracting 12.2% of visitors.
• Friends are the most satisfied travelers when visiting Serviced Apartments in Panama, rating their stays at 9.95 on average.
• Solo Travelers are the least satisfied travelers when visiting Serviced Apartments in Panama, rating their stays at 7.75 on average.
• Serviced Apartment prices in Panama peak in December, with an average price of $122.

Availability and Types of Serviced Apartments in Panama

Number of Serviced Apartments

• There are 6 Serviced Apartments in Panama.

Star Rating Distribution for Serviced Apartments

• There are 1 Serviced Apartments in Panama with a 4-star rating, accounting for 16.7% of all Serviced Apartments.
• There are 5 Serviced Apartments in Panama with an unknown star rating, accounting for 83.3% of all Serviced Apartments.

Pricing Trends for Serviced Apartments in Panama

Average Price Over Time for Serviced Apartments

• The average price for Serviced Apartments in Panama is $105.

Average Price by Star Rating for Serviced Apartments

• The average price for 4-star Serviced Apartments in Panama is $205.
• The average price for Serviced Apartments with an unknown star rating in Panama is $84.

Price Distribution for Serviced Apartments

• There are 1 Serviced Apartments in Panama priced in the $0-$50 range, accounting for 16.7% of all Serviced Apartments.
• There are 3 Serviced Apartments in Panama priced in the $50-$100 range, accounting for 50.0% of all Serviced Apartments.
• There are 1 Serviced Apartments in Panama priced in the $100-$200 range, accounting for 16.7% of all Serviced Apartments.
• There are 1 Serviced Apartments in Panama priced in the $200-$500 range, accounting for 16.7% of all Serviced Apartments.

Best Month to Stay at a Serviced Apartment Based on Price

• The average price for Serviced Apartments in Panama in January is $107.
• The average price for Serviced Apartments in Panama in February is $98.
• The average price for Serviced Apartments in Panama in March is $100.
• The average price for Serviced Apartments in Panama in April is $103.
• The average price for Serviced Apartments in Panama in May is $96.
• The average price for Serviced Apartments in Panama in October is $82.
• The average price for Serviced Apartments in Panama in November is $87.
• The average price for Serviced Apartments in Panama in December is $122.

Ratings and Reviews for Serviced Apartments in Panama

Number of Reviews for Serviced Apartments

• We've collected 556 reviews for Serviced Apartments in Panama.

Review Distribution for Serviced Apartments

• There are 18 reviews for Serviced Apartments from business travelers in Panama, accounting for 3.2% of all reviews.
• There are 196 reviews for Serviced Apartments from couples in Panama, accounting for 35.3% of all reviews.
• There are 161 reviews for Serviced Apartments from families in Panama, accounting for 29.0% of all reviews.
• There are 23 reviews for Serviced Apartments from friends in Panama, accounting for 4.1% of all reviews.
• There are 48 reviews for Serviced Apartments from group travelers in Panama, accounting for 8.6% of all reviews.
• There are 49 reviews for Serviced Apartments from solo travelers in Panama, accounting for 8.8% of all reviews.
• There are 61 reviews for Serviced Apartments from travelers with an unknown type in Panama, accounting for 11.0% of all reviews.

Average Rating Over Time for Serviced Apartments

• The average rating for Serviced Apartments in Panama in 2024 is 8.89, based on 95 reviews.
• The average rating for Serviced Apartments in Panama in 2023 was 8.36, based on 127 reviews.
• The average rating for Serviced Apartments in Panama in 2022 was 8.42, based on 135 reviews.
• The average rating for Serviced Apartments in Panama in 2021 was 9.33, based on 26 reviews.
• The average rating for Serviced Apartments in Panama in 2020 was 9.86, based on 14 reviews.
• The average rating for Serviced Apartments in Panama in 2019 was 8.81, based on 47 reviews.
• The average rating for Serviced Apartments in Panama in 2018 was 7.89, based on 55 reviews.
• The average rating for Serviced Apartments in Panama in 2017 was 9.60, based on 39 reviews.
• The average rating for Serviced Apartments in Panama in 2016 was 9.93, based on 18 reviews.

Average Rating by Star Rating for Serviced Apartments

• The average rating for 4-star Serviced Apartments in Panama is 9.70.
• The average rating for Serviced Apartments with an unknown star rating in Panama is 8.37.

Average Rating by Traveler Type for Serviced Apartments

• The average rating of Serviced Apartments from business travelers in Panama is 8.30.
• The average rating of Serviced Apartments from couples in Panama is 8.87.
• The average rating of Serviced Apartments from families in Panama is 8.34.
• The average rating of Serviced Apartments from friends in Panama is 9.95.
• The average rating of Serviced Apartments from group travelers in Panama is 8.62.
• The average rating of Serviced Apartments from solo travelers in Panama is 7.75.
• The average rating of Serviced Apartments from travelers with an unknown type in Panama is 8.30.

Best Month to Stay at a Serviced Apartment by Rating

• The average rating for Serviced Apartment in Panama in January is 8.73.
• The average rating for Serviced Apartment in Panama in February is 8.09.
• The average rating for Serviced Apartment in Panama in March is 8.45.
• The average rating for Serviced Apartment in Panama in April is 8.07.
• The average rating for Serviced Apartment in Panama in May is 8.44.
• The average rating for Serviced Apartment in Panama in June is 8.43.
• The average rating for Serviced Apartment in Panama in July is 8.69.
• The average rating for Serviced Apartment in Panama in August is 8.50.
• The average rating for Serviced Apartment in Panama in September is 9.16.
• The average rating for Serviced Apartment in Panama in October is 8.32.
• The average rating for Serviced Apartment in Panama in November is 8.89.
• The average rating for Serviced Apartment in Panama in December is 8.69.

Seasons for Serviced Apartments in Panama

The seasons in Panama are determined by the percentage of reviews for Serviced Apartments in each month.