199 Must-Know Hotel Statistics and Travel Trends in Panama for 2025

Discover the most compelling hotel statistics and travel trends in Panama for 2025! Whether you're a traveler planning your next adventure or a professional in the hospitality industry, this comprehensive guide of 199 key statistics and travel trends offers valuable insights into Panama's dynamic hotel scene. Backed by data from 396 hotels, 121,448 traveler reviews, and 84,211 price points, we unveil the patterns and preferences shaping tourism in this remarkable destination.

Hotel and Travel Statistics for Panama

Top Hotel and Travel Statistics for Panama

  • There are 396 hotels operating in Panama.
  • The average hotel rating in Panama is 8.03, based on 93,314 reviews.
  • Travelers can expect to pay around $116 per night for a hotel in Panama.
  • If you're looking for the best month to visit Panama by rating, it's May with an average rating of 8.34.
  • If you're looking for the cheapest month to visit Panama, it's October with an average price of $102.
  • The least popular month to visit Panama is November, attracting only 6.6% of visitors.
  • The most popular month to visit Panama is January, attracting 11.2% of visitors.
  • Families are the most satisfied travelers when visiting Panama, rating their stays at 8.18 on average.
  • Group Travelers are the least satisfied travelers when visiting Panama, rating their stays at 8.08 on average.
  • Hotel prices in Panama peak in July, with an average price of $137.

Hotel Availability and Types in Panama

Number of Hotels

  • There are 396 hotels in Panama.

Distribution by Star Rating

  • Panama has 4 hotels with a 1-star rating, accounting for 1.0% of all hotels.
  • Panama has 21 hotels with a 2-star rating, accounting for 5.3% of all hotels.
  • Panama has 120 hotels with a 3-star rating, accounting for 30.3% of all hotels.
  • Panama has 86 hotels with a 4-star rating, accounting for 21.7% of all hotels.
  • Panama has 40 hotels with a 5-star rating, accounting for 10.1% of all hotels.
  • We also have 125 hotels with an unknown star rating in Panama, accounting for 31.6% of all hotels.
  • The average price of a hotel in Panama is $116 per night.
  • The average price of a 1-star hotel in Panama is $47 per night.
  • The average price of a 2-star hotel in Panama is $75 per night.
  • The average price of a 3-star hotel in Panama is $93 per night.
  • The average price of a 4-star hotel in Panama is $128 per night.
  • The average price of a 5-star hotel in Panama is $209 per night.
  • The average price of a hotel in Panama with an unknown star rating is $103 per night.
  • There are 62 hotels in Panama priced in the $0-$50 range, accounting for 18.9% of all hotels.
  • There are 118 hotels in Panama priced in the $50-$100 range, accounting for 36.0% of all hotels.
  • There are 115 hotels in Panama priced in the $100-$200 range, accounting for 35.1% of all hotels.
  • There are 30 hotels in Panama priced in the $200-$500 range, accounting for 9.1% of all hotels.
  • There are 2 hotels in Panama priced in the $500-$1000 range, accounting for 0.6% of all hotels.
  • There are 1 hotels in Panama priced in the $1000+ range, accounting for 0.3% of all hotels.
  • The average price of a hotel in Panama in January is $117.
  • The average price of a hotel in Panama in February is $114.
  • The average price of a hotel in Panama in March is $117.
  • The average price of a hotel in Panama in April is $116.
  • The average price of a hotel in Panama in May is $116.
  • The average price of a hotel in Panama in June is $122.
  • The average price of a hotel in Panama in July is $137.
  • The average price of a hotel in Panama in August is $127.
  • The average price of a hotel in Panama in September is $126.
  • The average price of a hotel in Panama in October is $102.
  • The average price of a hotel in Panama in November is $107.
  • The average price of a hotel in Panama in December is $111.

Hotel Ratings and Reviews in Panama

Number of Reviews

  • We've collected 121,448 reviews for hotels in Panama.

Review Distribution by Traveler Type

  • There are 13,584 reviews from business travelers in Panama, accounting for 11.2% of all reviews.
  • There are 44,809 reviews from couples in Panama, accounting for 36.9% of all reviews.
  • There are 27,347 reviews from families in Panama, accounting for 22.5% of all reviews.
  • There are 7,984 reviews from friends in Panama, accounting for 6.6% of all reviews.
  • There are 6,151 reviews from group travelers in Panama, accounting for 5.1% of all reviews.
  • There are 14,794 reviews from solo travelers in Panama, accounting for 12.2% of all reviews.
  • There are 6,779 reviews from travelers with an unknown type in Panama, accounting for 5.6% of all reviews.

Average Hotel Ratings Over Time

  • The average rating for hotels in Panama in 2024 was 8.08, based on 24,549 reviews.
  • The average rating for hotels in Panama in 2023 was 8.15, based on 26,161 reviews.
  • The average rating for hotels in Panama in 2022 was 7.98, based on 20,553 reviews.
  • The average rating for hotels in Panama in 2021 was 7.96, based on 3,935 reviews.
  • The average rating for hotels in Panama in 2020 was 8.29, based on 1,728 reviews.
  • The average rating for hotels in Panama in 2019 was 7.96, based on 5,200 reviews.
  • The average rating for hotels in Panama in 2018 was 7.93, based on 5,443 reviews.
  • The average rating for hotels in Panama in 2017 was 7.80, based on 6,311 reviews.
  • The average rating for hotels in Panama in 2016 was 8.00, based on 7,064 reviews.
  • The average rating for hotels in Panama in 2015 was 7.74, based on 6,334 reviews.
  • The average rating for hotels in Panama in 2014 was 8.10, based on 4,734 reviews.
  • The average rating for hotels in Panama in 2013 was 7.97, based on 3,968 reviews.
  • The average rating for hotels in Panama in 2012 was 7.99, based on 3,150 reviews.
  • The average rating for hotels in Panama in 2011 was 7.71, based on 1,528 reviews.
  • The average rating for hotels in Panama in 2010 was 7.50, based on 970 reviews.
  • The average rating for hotels in Panama in 2009 was 7.56, based on 700 reviews.
  • The average rating for hotels in Panama in 2008 was 7.27, based on 484 reviews.
  • The average rating for hotels in Panama in 2007 was 7.30, based on 331 reviews.
  • The average rating for hotels in Panama in 2006 was 7.29, based on 254 reviews.
  • The average rating for hotels in Panama in 2005 was 7.56, based on 181 reviews.
  • The average rating for hotels in Panama in 2004 was 8.31, based on 59 reviews.

Average Ratings by Star Rating

  • The average rating for 1-star hotels in Panama is 5.87.
  • The average rating for 2-star hotels in Panama is 7.56.
  • The average rating for 3-star hotels in Panama is 7.71.
  • The average rating for 4-star hotels in Panama is 8.15.
  • The average rating for 5-star hotels in Panama is 8.62.
  • The average rating for hotels in Panama with an unknown star rating is 8.34.

Average Ratings by Traveler Type

  • The average rating for business travelers in Panama is 8.13.
  • The average rating for couples in Panama is 8.16.
  • The average rating for families in Panama is 8.18.
  • The average rating for friends in Panama is 8.17.
  • The average rating for group travelers in Panama is 8.08.
  • The average rating for solo travelers in Panama is 8.10.
  • The average rating for travelers with an unknown type in Panama is 7.92.

Best Months to Visit by Ratings

  • The average rating for hotels in Panama in January is 8.00.
  • The average rating for hotels in Panama in February is 8.01.
  • The average rating for hotels in Panama in March is 7.97.
  • The average rating for hotels in Panama in April is 8.16.
  • The average rating for hotels in Panama in May is 8.34.
  • The average rating for hotels in Panama in June is 8.19.
  • The average rating for hotels in Panama in July is 8.23.
  • The average rating for hotels in Panama in August is 8.20.
  • The average rating for hotels in Panama in September is 8.26.
  • The average rating for hotels in Panama in October is 8.19.
  • The average rating for hotels in Panama in November is 8.18.
  • The average rating for hotels in Panama in December is 8.12.

Seasons in Panama

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

Low Season in Panama

  • June (6.7%)
  • September (7.1%)
  • October (6.7%)
  • November (6.6%)

Shoulder Season in Panama

  • May (7.4%)
  • July (7.6%)
  • August (7.9%)
  • December (7.6%)

High Season in Panama

  • January (11.2%)
  • February (10.7%)
  • March (11.1%)
  • April (9.3%)

City Rankings in Panama

  • The city with the most hotels is Panama City, with 161 hotels.
  • The city with the highest average rating is Boquete, with an average rating of 8.70.
  • The city with the lowest average rating is Panama City, with an average rating of 7.58.
  • The city with the most expensive hotels is Bastimentos, with average prices of $157.
  • The city with the cheapest hotels is David, with average prices of $65.
13
8.58
$157.41
44
8.37
$110.37
24
8.70
$144.81
11
8.46
$64.92
161
7.58
$92.90
11
8.13
$132.61

Hotel and Travel Statistics for Serviced Apartments in Panama

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 8.82, based on 735 reviews.
  • Travelers can expect to pay around $97 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 January, with an average rating of 9.15.
  • 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 September, attracting only 6.1% of visitors.
  • The most popular month to book a Serviced Apartment in Panama is April, attracting 11.0% 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 8.33 on average.
  • Serviced Apartment prices in Panama peak in April, with an average price of $99.

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.
  • The average price for Serviced Apartments in Panama is $97.
  • The average price for 4-star Serviced Apartments in Panama is $190.
  • The average price for Serviced Apartments with an unknown star rating in Panama is $79.
  • 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 2 Serviced Apartments in Panama priced in the $100-$200 range, accounting for 33.3% of all Serviced Apartments.
  • The average price for Serviced Apartments in Panama in January is $90.
  • The average price for Serviced Apartments in Panama in February is $93.
  • The average price for Serviced Apartments in Panama in March is $95.
  • The average price for Serviced Apartments in Panama in April is $99.
  • The average price for Serviced Apartments in Panama in May is $92.
  • The average price for Serviced Apartments in Panama in June is $92.
  • The average price for Serviced Apartments in Panama in July is $93.
  • The average price for Serviced Apartments in Panama in October is $82.
  • The average price for Serviced Apartments in Panama in November is $85.
  • The average price for Serviced Apartments in Panama in December is $93.

Ratings and Reviews for Serviced Apartments in Panama

Number of Reviews for Serviced Apartments

  • We've collected 1,344 reviews for Serviced Apartments in Panama.

Review Distribution for Serviced Apartments

  • There are 104 reviews for Serviced Apartments from business travelers in Panama, accounting for 7.7% of all reviews.
  • There are 577 reviews for Serviced Apartments from couples in Panama, accounting for 42.9% of all reviews.
  • There are 278 reviews for Serviced Apartments from families in Panama, accounting for 20.7% of all reviews.
  • There are 23 reviews for Serviced Apartments from friends in Panama, accounting for 1.7% of all reviews.
  • There are 92 reviews for Serviced Apartments from group travelers in Panama, accounting for 6.8% of all reviews.
  • There are 209 reviews for Serviced Apartments from solo travelers in Panama, accounting for 15.6% of all reviews.
  • There are 61 reviews for Serviced Apartments from travelers with an unknown type in Panama, accounting for 4.5% of all reviews.

Average Rating Over Time for Serviced Apartments

  • The average rating for Serviced Apartments in Panama in 2024 was 8.64, based on 359 reviews.
  • The average rating for Serviced Apartments in Panama in 2023 was 8.41, based on 460 reviews.
  • The average rating for Serviced Apartments in Panama in 2022 was 8.39, based on 307 reviews.
  • The average rating for Serviced Apartments in Panama in 2021 was 9.11, based on 44 reviews.
  • The average rating for Serviced Apartments in Panama in 2020 was 9.93, based on 15 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 8.46.

Average Rating by Traveler Type for Serviced Apartments

  • The average rating of Serviced Apartments from business travelers in Panama is 8.46.
  • The average rating of Serviced Apartments from couples in Panama is 8.63.
  • The average rating of Serviced Apartments from families in Panama is 8.67.
  • 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 8.59.
  • The average rating of Serviced Apartments from solo travelers in Panama is 8.33.
  • 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 9.15.
  • The average rating for Serviced Apartment in Panama in February is 7.56.
  • The average rating for Serviced Apartment in Panama in March is 8.39.
  • The average rating for Serviced Apartment in Panama in April is 8.18.
  • The average rating for Serviced Apartment in Panama in May is 8.64.
  • The average rating for Serviced Apartment in Panama in June is 8.55.
  • The average rating for Serviced Apartment in Panama in July is 8.59.
  • The average rating for Serviced Apartment in Panama in August is 8.52.
  • The average rating for Serviced Apartment in Panama in September is 8.70.
  • The average rating for Serviced Apartment in Panama in October is 8.44.
  • The average rating for Serviced Apartment in Panama in November is 8.76.
  • The average rating for Serviced Apartment in Panama in December is 8.90.

Seasons for Serviced Apartments in Panama

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

Low Season for Serviced Apartments in Panama

  • June (6.9%)
  • September (6.1%)
  • October (6.1%)
  • November (7.1%)

Shoulder Season for Serviced Apartments in Panama

  • May (7.8%)
  • July (8.6%)
  • August (7.6%)
  • December (7.8%)

High Season for Serviced Apartments in Panama

  • January (10.0%)
  • February (10.3%)
  • March (10.6%)
  • April (11.0%)