Panamá, Panamá Airbnb Market Data 2025: STR Report & Statistics
How much can you earn on Airbnb in Panamá, Panamá? Based on AirROI's 2025 dataset (June 2024 – May 2025), the short answer is $27,401 per year — at a $157 nightly rate, 53.5% occupancy, and a N/A RevPAR.
At 96 active listings, Panamá is a boutique market where solid booking activity throughout the year. Active supply contracted 45.5% year over year, yet revenue and nightly rates both rose — fewer listings are capturing more of the market. Remaining and incoming hosts benefit from reduced competition and stronger pricing.
Regulation is low with minimal registration requirements, pointing to an operator-friendly environment. In a market this size, differentiated listings with strong reviews can capture outsized returns relative to the competition.
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What Are the Key Airbnb Metrics in Panamá?
In Panamá, the headline Airbnb metrics are $27,401 in average annual revenue,53.5% occupancy, $157 ADR, and $0 in RevPAR, and guests book about 42 days in advance.
How Much Do Airbnb Hosts Earn Monthly in Panamá?
Understanding the monthly revenue variations for Airbnb listings in Panamá is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Panamá is typically January, while September often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Panamá across different performance tiers:
- Best-in-class properties (Top 10%) achieve $5,036+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,172 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,073 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,086, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Panamá
What Is the Monthly Airbnb Occupancy Rate in Panamá?
Maximize your bookings by understanding the Panamá STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Januarysees the highest demand (peak season occupancy), while May experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Panamá:
- Best-in-class properties (Top 10%) achieve 86%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 76% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 58%.
- Entry-level properties (Bottom 25%) average 34% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Panamá
What Is the Average Airbnb Nightly Rate in Panamá?
Effective short term rental pricing strategy in Panamá involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Panamá typically peaks in February and dips lowest during July. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $253+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $162 or more.
- Typical properties (Median) charge around $104 per night.
- Entry-level properties (Bottom 25%) earn around $68 per night.
Average Daily Rate (ADR) Trend by Month in Panamá
What Is the RevPAR for Airbnb in Panamá?
RevPAR in Panamá is currently N/A. Because RevPAR combines nightly rates with realized occupancy, it is one of the cleanest ways to compare how efficiently listings turn demand into revenue across the market.
- Entry-level properties (Bottom 25%) see N/A RevPAR.
- Typical properties (Median) generate N/A RevPAR.
- Strong performers (Top 25%) earn N/A RevPAR.
- Best-in-class (Top 10%) achieve N/A RevPAR.
Average Monthly RevPAR Trend in Panamá
RevPAR Insights for Panamá
- RevPAR peaks in Jan and bottoms out in Jan, mirroring the broader seasonal demand pattern and suggesting opportunities for dynamic pricing.
Recommendations for Hosts
- Track your own RevPAR monthly against these Panamá benchmarks. If your RevPAR falls below the median of N/A, examine whether low occupancy or low ADR is the primary drag.
- Use RevPAR rather than revenue alone when comparing properties of different sizes — it normalizes for available nights and gives a more accurate picture of performance.
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When Is the Peak Season for Airbnb in Panamá?
Panamá's peak Airbnb season falls in January, March, February, while the softest stretch is September, October, November. Overall, the market shows highly seasonal trends requiring careful strategy, which should guide pricing, minimum stays, and cash-flow planning.
Peak Season (January, March, February)
- Revenue averages $3,520 per month
- Occupancy rates average 60.3%
- Daily rates average $189
Shoulder Season
- Revenue averages $2,359 per month
- Occupancy maintains around 53.8%
- Daily rates hold near $127
Low Season (September, October, November)
- Revenue drops to average $1,943 per month
- Occupancy decreases to average 51.0%
- Daily rates adjust to average $107
Seasonality Insights for Panamá
- Airbnb seasonality in Panamá is pronounced. Revenue swings sharply between peak and low months, which means pricing strategy, minimum-stay settings, and cash reserves all need to account for extended slower periods.
- During the high season, the absolute peak month showcases Panamá's highest earning potential, with monthly revenues climbing to $3,663, occupancy reaching 62.0%, and ADRs peaking at $196.
- Conversely, the slowest single month marks the market's lowest point — revenue may dip to $1,869, occupancy could drop to 47.5%, and ADRs may adjust to $105.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Panamá.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability and consider tightening cancellation policies to reduce last-minute gaps.
- Low Season: Offer competitive pricing, extended-stay discounts, and flexible cancellation policies. Target off-season travelers like remote workers, budget-conscious guests, and travelers with flexible schedules.
- Shoulder Seasons: Implement dynamic pricing that bridges peak and low rates. Target weekend travelers, local events, and business visitors. Slightly more flexible terms than peak season can help maintain occupancy without deep discounting.
- In a highly seasonal market like Panamá, building a cash reserve during the top months is essential for covering fixed costs during the slow period. Automated pricing tools can help capture demand shifts in real time.
Do You Need a License for Airbnb in Panamá?
Low regulation and minimal registration activity in Panamá, Panamá, Panama point to an operator-friendly environment. That said, even low-regulation markets may have tax collection requirements, safety standards, or HOA rules that affect short-term rental operations. Always verify the latest short-term rental regulations and Airbnb license requirements directly with local government authorities for Panamá to ensure full compliance before hosting.
(Source: AirROI data, 2026, finding no licensed listings among those analyzed)
What Are the Best Neighborhoods for Airbnb in Panamá?
Panamá is a smaller vacation rental market where a handful of neighborhoods drive most of the booking activity. Choosing the right area is especially important in boutique markets — there is less room for a mediocre location to succeed on volume alone. The areas below highlight where short-term rental demand is strongest and why.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Casco Viejo | Historic neighborhood known for its colonial architecture and vibrant nightlife. A UNESCO World Heritage site attracting tourists for its rich culture and history, great dining, and lively atmosphere. | Plaza de Francia, Metropolitan Cathedral, Panama Canal Museum, Las Bovedas, Casco Viejo's restaurants and bars |
| Panama City Center | The bustling business and commercial hub of Panama City, ideal for business travelers and tourists. Close to shopping, dining, and major attractions. | Cinta Costera, Multiplaza Pacific Mall, Biomuseo, Iglesia del Carmen, Panama Metro |
| Amador Causeway | A scenic area offering stunning views of the Panama Canal and the city skyline. Popular for outdoor activities, dining, and tourism. | Pelican Bay, Reynolds to Balboa Island, Marina Amador, Amador Causeway restaurants, Cycling paths |
| Bella Vista | A vibrant neighborhood with a mix of local culture, dining, and nightlife. Close to many attractions and a popular spot for young travelers. | Via España, Calle Uruguay, Parque de la Estrategia, Local markets, Nightclubs |
| San Francisco | An upscale residential area popular among expats and locals. Offers a mix of modern amenities and green spaces, attracting families and professionals. | Parque Omar, Diverse dining options, Panama Divers, Los Pueblos shopping, affordable housing |
| Obarrio | A financial district known for its luxury apartments and proximity to shopping. Ideal for business travelers and professionals seeking convenience. | Los Pueblos, Calle 50, multinational restaurants, office buildings, Café del Petra |
| El Cangrejo | A trendy neighborhood known for its artsy vibe and multicultural atmosphere. Popular with young travelers, artists, and food lovers. | Hostel Casa 22, Café de la Plaza, Calle Justo Arosemena, Local art galleries, nightlife spots |
| La Chorrera | A growing area outside of Panama City, known for its natural beauty and affordability. Ideal for families and those looking for a quieter lifestyle. | Panama Outlet Mall, Natural parks, Community events, Cultural festivals, Access to beaches |
With 8 distinct neighborhoods showing meaningful short-term rental activity, Panamá offers diversification within a single market. Investors can tailor their strategy — from high-turnover tourist zones to quieter residential areas that attract longer stays and remote workers.
What Types of Properties Are on Airbnb in Panamá?
Room Type Distribution
Property Type Distribution
Market Composition Insights for Panamá
- The Panamá Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 89.6% of the 96 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Panamá, Apartment/Condo properties are the most common (86.5%), reflecting the local real estate landscape.
- The presence of 5.2% Hotel/Boutique listings indicates integration with traditional hospitality.
- Smaller segments like others (combined 2.1%) offer potential for unique stay experiences.
Panamá Airbnb Room Capacity Analysis (2026): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Panamá
- The dominant room capacity in Panamá is 1 bedroom listings, making up 55.2% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 77.1% of the active Airbnb listings in Panamá, indicating a high concentration in these sizes.
- With over half the market (55.2%) consisting of studios or 1-bedroom units, Panamá is particularly well-suited for individuals or couples.
Panamá Vacation Rental Guest Capacity Trends (2026)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Panamá
- The most common guest capacity trend in Panamá vacation rentals is listings accommodating 4 guests (40.6%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Panamá STR market, accounting for 67.7% of listings.
- 15.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Panamá.
- On average, properties in Panamá are equipped to host 3.6 guests.
What Amenities Do Airbnb Guests Expect in Panamá?
Amenity Prevalence
Amenity Insights for Panamá
- Essential amenities in Panamá that guests expect include: Air conditioning, Wifi, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Essentials, Coffee maker, Hangers are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Panamá: Air conditioning, Wifi, Kitchen.
- Prioritize adding missing essentials: Air conditioning, Wifi, Kitchen.
- Consider adding popular differentiators like Essentials or Coffee maker to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Panamá to stay competitive.
Dive Deeper: Advanced Panamá STR Market Data (2026)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Panamá. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsPanamá Airbnb Guest Demographics & Profile Analysis (2026)
Guest Profile Summary for Panamá
- The typical guest profile for Airbnb in Panamá consists of predominantly international visitors (93%), with top international origins including Canada, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 6.6% of guests.
- Key international markets include United States (63.8%) and Canada (6.9%).
- Top languages spoken are English (53.9%) followed by Spanish (24.4%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from Canada.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Panamá Airbnb Booking Patterns (2026): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Panamá
- The most common availability pattern in Panamá falls within the 91-180 days range, representing 35.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 46.9% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 181-270 days range is most frequent in Panamá (34.4%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 53.2% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
How Far in Advance Do Guests Book Airbnb in Panamá?
Average Booking Lead Time by Month
Booking Lead Time Insights for Panamá
- The overall average booking lead time for vacation rentals in Panamá is 42 days.
- Guests book furthest in advance for stays during February (average 62 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in May (average 30 days), indicating more last-minute travel plans during this time.
- Seasonally, Winter (56 days avg.) sees the longest lead times, while Fall (39 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (42 days) as a baseline for your pricing and availability strategy in Panamá.
- For February stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 62 days out to capitalize on advance planning.
- Target marketing efforts for the Winter season well in advance (at least 56 days) to capture early planners.
- Monitor your own booking lead times against these Panamá averages to identify opportunities for dynamic pricing adjustments.
Panamá Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
40 listings
42.1% of total
2 Nights
16 listings
16.8% of total
3 Nights
3 listings
3.2% of total
4-6 Nights
3 listings
3.2% of total
30+ Nights
33 listings
34.7% of total
Key Insights
- The most prevalent minimum stay requirement in Panamá is 1 Night, adopted by 42.1% of listings. This highlights the market's preference for shorter, flexible bookings.
- A significant segment (34.7%) caters to monthly stays (30+ nights) in Panamá, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 42.1% of Panamá hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 34.7% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Panamá.
Panamá Airbnb Cancellation Policy Trends Analysis (2026)
Flexible
8 listings
8.3% of total
Moderate
17 listings
17.7% of total
Firm
13 listings
13.5% of total
Strict
58 listings
60.4% of total
Cancellation Policy Insights for Panamá
- The prevailing Airbnb cancellation policy trend in Panamá is Strict, used by 60.4% of listings.
- A majority (73.9%) of hosts in Panamá utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 60.4% market standard in Panamá.
- With 60.4% using Strict terms, this is a viable option in Panamá, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Panamá.
What Do the Top Airbnb Listings in Panamá Look Like?
Benchmark your potential! Explore examples of top-performing Airbnb properties in Panamábased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Exclusive villa with splash pool by the sea
Entire Place • 5 bedrooms
CASA SAEMA -PRESTIGIOSO PENTHOUSE DUPLEX WITH TERRACES
Entire Place • 3 bedrooms
Casco Viejo 360° View Old Tower Penthouse
Entire Place • 3 bedrooms
Pool 3 bedrooms and views to National Theater D3
Entire Place • 3 bedrooms
Pool 3 bedrooms and views to National Theater D4
Entire Place • 3 bedrooms
Unique Historic House in Casco
Entire Place • 5 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Who Are the Top Airbnb Hosts in Panamá?
Learn from the best! This table showcases top-performing Airbnb hosts in Panamá based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Mauricio | 37 | $1,432,524 | 9703 | 4.70/5.0 |
| Sabine | 4 | $155,956 | 347 | 4.90/5.0 |
| Michael | 4 | $143,525 | 674 | 4.92/5.0 |
| Alana | 1 | $102,862 | 304 | 4.88/5.0 |
| Andrew | 3 | $89,657 | 393 | 4.80/5.0 |
| Hildegard | 1 | $73,974 | 137 | 4.93/5.0 |
| Li | 4 | $71,464 | 675 | 4.92/5.0 |
| María Alejandra | 4 | $62,224 | 181 | 4.75/5.0 |
| Ana Isabel | 2 | $59,875 | 305 | 4.97/5.0 |
| Angie | 2 | $47,595 | 264 | 4.97/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Panamá.
How Does Panamá's Airbnb Market Compare to Nearby Cities?
How does the Panamá Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
Compared with Panama City, Panamá has 0 percentage points higher occupancy and about $4 lower ADR. That helps frame whether this market is winning more on demand, pricing, or both.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Buenaventura | 22 | $5,052 | $527.74 | 35% |
| Maria Chiquita | 52 | $4,534 | $444.82 | 40% |
| Las Escobas del Venado | 56 | $2,683 | $303.46 | 40% |
| Playa Venao | 71 | $2,407 | $280.84 | 34% |
| Panama City | 29 | $2,400 | $160.92 | 53% |
| Panama City | 11 | $2,388 | $162.35 | 51% |
| El Chirú | 60 | $1,927 | $390.26 | 27% |
| Altos del Maria | 23 | $1,866 | $224.35 | 36% |
| San Blas Islands | 33 | $1,754 | $389.93 | 25% |
| Panamá | 141 | $1,746 | $131.78 | 53% |
Frequently Asked Questions About Airbnb in Panamá
These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Panamá.
How much do Airbnb hosts make in Panamá?
Panamá hosts earn about $27,401 per year on average, with an average nightly rate of $157 and RevPAR of N/A. Those figures describe the typical revenue environment for active listings in Panamá, Panamá, not the ceiling for the best operators. Source: AirROI 2025 data, Panamá market, June 2024 to May 2025.
What is the average Airbnb occupancy rate in Panamá?
The average Airbnb occupancy rate in Panamá is 53.5%. January is the strongest month and September is the softest, so hosts should expect demand to move meaningfully throughout the year rather than stay flat.
What is the average Airbnb daily rate in Panamá?
Listings in Panamá average $157 per night. The broader pricing spread also matters: lower-performing listings cluster closer to the lower quartiles, while premium homes can price materially above the city average when demand spikes or listing quality stands out.
How many Airbnb listings are active in Panamá?
Panamá currently has about 96 active Airbnb listings in AirROI's market dataset. That supply count helps explain how competitive the market is, how much depth there is for benchmarking, and whether the market behaves like a niche destination or a scaled urban market.
How strict are short-term rental regulations in Panamá?
AirROI currently classifies the short-term rental regulation level in Panamá as Low. The dataset also shows about 0.0% of listings with registration evidence. That is a market signal, not legal advice, so hosts should still confirm current licensing and compliance rules locally before listing.
What is the RevPAR for Airbnb in Panamá?
RevPAR in Panamá is about N/A. That metric combines pricing and occupancy into one efficiency number, so it is often a better quick benchmark than ADR alone when investors want to compare how well listings convert nightly rates into realized revenue.
Is Airbnb profitable in Panamá?
At 53.5% occupancy, Panamá can be profitable — but margins depend heavily on operating costs, property acquisition price, and how well hosts optimize pricing across seasons. Average annual revenue is $27,401, but individual returns depend on property type, location within the city, and the host's operating efficiency.
How far in advance do guests book Airbnb in Panamá?
The average booking lead time in Panamá is about 42 days — a moderate lead time that gives hosts planning visibility while still benefiting from last-minute bookings. Hosts who understand their market's booking cadence can adjust minimum stays and pricing windows accordingly.
What are the best neighborhoods for Airbnb in Panamá?
Based on AirROI's analysis, some of the top neighborhoods for short-term rentals in Panamá include Casco Viejo, Panama City Center, Amador Causeway. Each area attracts different guest profiles — from business travelers to leisure visitors — so the best location depends on the property type and target audience a host is aiming for. See the full neighborhood breakdown above.
What type of property performs best on Airbnb in Panamá?
entire_home listings make up 89.6% of the active supply in Panamá. The most common configuration does not always mean the most profitable — operators who identify underserved property types or bedroom counts can sometimes outperform the market average by filling a gap in local supply.
How does Panamá compare to nearby Airbnb markets?
Among neighboring markets, Buenaventura posts $60,620 in average annual revenue with 34.6% occupancy, compared to Panamá's $27,401 and 53.5%. Comparing nearby markets helps investors understand whether a destination's performance reflects local demand or broader regional trends.
When is the peak season for Airbnb in Panamá?
January is the highest-revenue month in Panamá, while September is the softest. The revenue spread between them indicates moderate seasonality with a clear peak period, giving hosts opportunities to maximize rates during high demand without facing dramatic off-season drops.
About AirROI Market Data
AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.
Real estate investors, property managers, financial institutions, hedge funds, tourism boards, hospitality consultants, tech platforms, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports like this one and the Airbnb API with 22 endpoints and an Airbnb MCP Server for AI agents.
AirROI proprietary analytics as of 2025-05-31. Metrics reflect trailing twelve-month aggregates from active listings. Revenue figures are market averages, not projections. Neighborhood descriptions are AI-generated and reviewed for accuracy. For full methodology, see the data methodology page.