Where to stay in Panama City

 

Luxury, Modest & Budget Options for Retirees

Whether you’re stopping over for a night or spending a week soaking up the culture, Panama City offers accommodations for every taste and budget. Here are three highly rated hotels that are perfect for retirees and slow travelers — offering comfort, convenience, and a restful place to recharge.


💎 Luxury: Waldorf Astoria Panama

($160–$220 USD per night)
Ideal for retirees who enjoy a touch of elegance with top-tier service

📍Located in the financial district near the waterfront, this 5-star hotel offers:

  • Spacious rooms with luxury linens and marble bathrooms

  • On-site spa and rooftop pool

  • Multiple restaurants and cocktail lounges

  • Easy access to the Cinta Costera and Casco Viejo

🔗 Check prices on Booking.com


🧳 Modest: Best Western Plus Zen Panama

($80–$100 USD per night)
Great value for retirees looking for clean, quiet comfort with amenities

📍Centrally located near restaurants, shops, and parks in the El Cangrejo district:

  • Large modern suites (approx. 700 sq ft)

  • Rooftop pool and lounge area

  • Hot breakfast buffet included

  • Walkable to dining and entertainment

🔗 Check rates at Zen Best Western


💰 Budget: Hotel Casa Panamá

($45–$65 USD per night)
Stylish boutique hotel in Casco Viejo for retirees who want charm on a budget

📍Right in the heart of the Old Town (Casco Viejo):

  • Air-conditioned rooms with exposed brick and colonial charm

  • Rooftop bar with views of Panama Bay

  • Walkable to museums, plazas, and restaurants

  • Friendly staff and cozy café on site

🔗 View Casa Panamá on Booking.com


🧳 Tips for Retirees Choosing a Hotel in Panama City:

  • ✅ Choose locations near Casco Viejo, El Cangrejo, or the Cinta Costera for walkability and safety

  • ✅ Look for rooftop pools or breezy terraces to stay cool in the tropical heat

  • ✅ Many hotels include breakfast, which helps stretch the budget

  • ✅ Consider proximity to restaurants and grocery stores if you enjoy preparing your own meals