Top Hotel Suggestions in Panama City
Best Hotels in Panama City 2026 — Luxury, Mid-Range & Budget | Where to Stay in Panama
Whether you’re searching «best hotels in Panama City,» «where to stay in Panama 2026,» or «Panama City boutique hotels,» this guide covers every budget and style.
1. 
SOFITEL LEGEND CASCO VIEJO
Best Luxury Hotel in Panama City | 5-Star Historic Boutique Hotel | UNESCO Heritage District
Set on the waterfront in the historic district, Sofitel Legend Casco Viejo provides five-star comfort in an exquisitely restored 1917 landmark. Featuring lavishly designed colonial-inspired interiors and local artwork, this glamorous hotel offers a unique blend of French flair and Panamanian spirit. Its 159 luxurious rooms and suites combine traditional bed frames and antique-style bathroom fixtures with modern amenities, with many boasting balconies and ocean views. Airial Travel
On-site dining is overseen by a Michelin-starred chef and includes a seafood-focused restaurant, an elegant café and pâtisserie, and the Ammi Skybar — a sprawling rooftop hotspot with DJs, a ceviche bar, and panoramic vistas. Airial Travel
Location: Calle Primera Oeste, San Felipe, Casco Viejo, Panama City
Instagram: @sofitellegendcascoviejo
Price: From ~$743/night
Rating: 9.8/10 Exceptional
Must Experience: Rooftop Ammi Skybar at sunset — the best view in the city
Book at: sofitel.com / Booking.com / Expedia
2. 
AMERICAN TRADE HOTEL
Boutique Hotel Casco Viejo Panama | Historic Design Hotel | Best Mid-Luxury Stay Panama City
One of the most stylish boutique hotels in all of Central America, the American Trade Hotel sits inside a beautifully restored 1917 building in the heart of Casco Viejo. It offers luxurious rooms with restored architecture and personalized service, and is ideally located close to boutiques, restaurants, and historic landmarks. The hotel features a stunning jazz-themed bar, a rooftop pool with skyline views, and one of the best brunch spots in the city.
- Location: Plaza Herrera, Casco Viejo, Panama City
- Instagram: @americantradehotel
- Price: From ~$200/night
- Rating: 4.5/5
- Must Experience: Sunday Jazz Brunch at Danilo’s Jazz Club inside the hotel
- Book at: theamericantradehotel.com
3. 
JW MARRIOTT PANAMA
Best Business & Luxury Hotel Panama City | Skyline Views | Financial District Hotel Panama
A towering icon in Panama City’s Financial District, the JW Marriott Panama is the go-to choice for travelers who want luxury with modern city energy. It features multiple restaurants, a stunning rooftop pool with panoramic skyline views, a full spa, and impeccable service — all just minutes from the Panama Canal and Casco Viejo.
- Location: Calle 53 Este, Marbella, Panama City
- Instagram: @jwmarriottpanama
- Price: From ~$180/night
- Rating: 4.5/5
- Must Experience: Rooftop pool with views of the entire city skyline
- Book at: marriott.com
4. 
HOTEL SAN FELIPE
Best Mid-Range Hotel Casco Viejo | Boutique Spa Hotel Panama City | Great Value Panama
Hotel San Felipe offers a full-service spa, free Wi-Fi, breakfast options, and is praised by guests for its helpful and friendly staff. Located right in the heart of Casco Viejo, it combines comfort and location at a very reasonable price point. Perfect for travelers who want the Casco Viejo experience without the luxury price tag. Instagram
- Location: Ave. Central entre Calle 8a y 9a, Casco Viejo, Panama City
- Instagram: @hotelsanfelipepanama
- Price: From ~$120/night
- Rating: 9.4/10 Exceptional
- Must Experience: In-hotel spa treatments after a full day of city exploration
- Book at: Booking.com / Expedia
5. 
SELINA CASCO VIEJO
Best Budget & Social Hotel Panama City | Hostel & Hotel | Rooftop Bar Panama | Digital Nomad Friendly
Selina Casco Viejo is one of the most popular social venues in the historic district, featuring a famous rooftop bar with happy hour from 7–8pm and a lively party atmosphere from 10pm on weekends. It offers everything from private rooms to shared dorms, co-working spaces, a pool, and a vibrant community of travelers and digital nomads — all in the heart of Casco Viejo.
- Location: Casco Viejo, Panama City
- Instagram: @selinacascoviejo
- Price: From ~$30/night (dorm) / ~$80/night (private room)
- Rating: 4/5
- Must Experience: Rooftop happy hour with views of the Pacific
- Book at: selina.com