Penthouse with rooftop and pool 5 rooms Di5 Entire home · 5 bedrooms Rated 4.73 - Revenue
- $224,299
- Occupancy
- 74.2%
- Daily rate
- $800
Airbnb market data · 202612 months to September 2026
Panama City, Panama Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Panama City brought in US$13,845 over the 12 months through September 2026, in line with the national average of $14,386.
The short answer
Panama City Airbnb Market at a Glance
Panama City is cheaper but busier than the national average. Listings averaged $113 a night and were booked on 50% of available nights, against $150 and 38% for the national average.
August, the best month, brought in about 28% more per listing than April, the slowest.
AirROI tracked 978 active listings in Panama City.
Browse the live Panama City Airbnb market
See Every Panama City Listing
Revenue
How Much Do Airbnb Hosts Make in Panama City?
Gross bookings per Panama City listing averaged $13,845 over the 12 months to September 2026 (Panama average: $14,386), before cleaning, platform and management costs and taxes.
The average Panama City listing brought in $2,210 in August, its best month, and $1,730 in April, its slowest. The swing is mild: the best month earns about 28% more than the slowest.
In a typical month, a top-quarter listing earns at least 3.3 times as much as a bottom-quarter one.
- Best-in-class properties (top 10%) earn $3,620+ a month, about 2.3 times the typical property.
- Strong performers (top 25%) earn $2,470 or more, roughly $900 a month above the median.
- Typical properties (median) earn about $1,570 a month.
- Entry-level properties (bottom 25%) earn $746 or less, about half of the median.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
Average monthly revenue per Panama City listing
Average revenue per active listing, by month, September 2025 to August 2026
Monthly average $1,950 $2,210 $1,730
Panama City Airbnb Data by Month
Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.
August 2026 led on revenue and nightly rate; bookings peaked in December 2025.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | $1,735 | 47.0% | $109 | $58 | 27 days | 4.9 nights |
| Oct 2025 | $2,026 | 48.6% | $110 | $65 | 26 days | 4.8 nights |
| Nov 2025 | $2,164 | 53.1% | $110 | $72 | 33 days | 5.5 nights |
| Dec 2025 | $2,082 | 59.0% | $113 | $67 | 13 days | 6.6 nights |
| Jan 2026 | $1,932 | 54.4% | $110 | $62 | 26 days | 7 nights |
| Feb 2026 | $1,766 | 54.7% | $109 | $63 | 29 days | 6.2 nights |
| Mar 2026 | $1,945 | 57.3% | $108 | $63 | 23 days | 5.9 nights |
| Apr 2026 | $1,731 | 50.9% | $108 | $58 | 25 days | 5.5 nights |
| May 2026 | $1,813 | 46.9% | $115 | $58 | 22 days | 5.5 nights |
| Jun 2026 | $1,880 | 50.9% | $119 | $63 | 23 days | 5.5 nights |
| Jul 2026 | $2,138 | 49.8% | $121 | $69 | 32 days | 6.4 nights |
| Aug 2026 | $2,209 | 56.7% | $122 | $71 | 28 days | 5.4 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
These are market-wide figures. To see what one particular Panama City home could earn, enter its address, bedrooms and guests in the Airbnb revenue calculator; it compares the home with similar listings nearby.
Profit
Is an Airbnb in Panama City Profitable?
Yes, when it's run well. The average Panama City Airbnb took in $13,845 in the 12 months to September 2026, and run by its owner at everyday costs, about $780 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about $1,240 a month.
Cleaning it yourself keeps the $890 a year guests pay in cleaning fees, for about $850 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about $670 a month.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
Panama City Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | $12,955 | $20,410 |
| Cleaning fees guests pay6% of Panama City bookings | $890 | $1,410 |
| Gross bookings | $13,845 | $21,820 |
| Running costs | ||
| Airbnb's feeAbout 15%: 15.5% for the 92% of Panama City listings on Simplified Pricing, 3% for the rest | −$2,010 | −$3,160 |
| Cleaning and laundryPaid for by the cleaning fee; $0 if you clean yourself | −$890 | −$1,410 |
| Utilities and internetAbout 5% of bookings | −$690 | −$1,090 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −$280 | −$440 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −$420 | −$650 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −$140 | −$140 |
| Permit and registrationWhere one is required | −$70 | −$70 |
| Management$0 when you run it; co-hosts charge from about 10% of nightly bookings | $0 | $0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | $0 | $0 |
| Lodging taxesAdded to the guest's bill and passed on | $0 | $0 |
| Total running costsAbout 26% of bookings, plus cleaning paid for by the cleaning fee | −$4,500 | −$6,960 |
| Left for housing costs, then profit | $9,345about $780 a month | $14,860about $1,240 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Panama City Airbnb Profit
The estimate starts from Panama City's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Panama City home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
How Panama City's Top Earners Get There
- More nights booked. The busiest quarter of Panama City listings are booked on 76% or more of their nights, against 55% for the median listing. Ten more booked nights a year at the median rate of $94 adds about $941 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge $130 a night or more, against a median of $94. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about $1,300 a year.
- Open for the busy months. August brought the average listing about $2,210, against $1,730 in April, so a calendar that is open and full in the busy months carries the year.
- Reviews that stand out. Panama City listings average 4.72 stars, and 34% carry Airbnb's Guest Favorite badge, which guests can filter for.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about $1,820 a month, against $1,150 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Panama City?
Panama City listings were booked on 50% of the nights they were open over the past year, 12 percentage points above the Panama average (38%). Occupancy climbs to 59% in December and falls to 47% in May.
The busiest tenth of listings are booked about 3.1 times as often as the bottom quarter.
- Best-in-class properties (top 10%) are booked 88%+ of open nights, 33 points above the median.
- Strong performers (top 25%) fill 76% or more, roughly five nights a week.
- Typical properties (median) fill about 55% of open nights.
- Entry-level properties (bottom 25%) fill 28% or less, roughly two nights a week.
December was the busiest month in Panama City, May the quietest
Share of open nights booked, by month, September 2025 to August 2026
Monthly average 52% 59% 47%
Nightly rates
How Much Does an Airbnb Cost per Night in Panama City?
The average nightly rate in Panama City, known as ADR (average daily rate), was $113 over the past year, about 25% below the Panama average of $150. Rates peak in July and August at about $120 and bottom out in March and April at about $110.
The top 10% charge about 2.9 times the rate of the bottom quarter.
- Best-in-class properties (top 10%) charge $195+ a night, about twice the median.
- Strong performers (top 25%) charge $130 or more, about $35 above the median.
- Typical properties (median) charge about $94 a night.
- Entry-level properties (bottom 25%) charge $68 or less, about three-quarters of the median.
August rates ran 13% above March's
Average nightly rate (ADR), by month, September 2025 to August 2026
Monthly average $113 $122 $108
What Is the RevPAR for Airbnb in Panama City?
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Panama City it averaged $58 over the past year. Counting only the listings booked in each month, it ran from about $58 in April to about $72 in November.
Per open night, by tier:
- Best-in-class properties (top 10%) earn $108+ per open night, about 2.3 times the median.
- Strong performers (top 25%) earn $71 or more, about $25 a night above the median.
- Typical properties (median) earn about $46 per open night.
- Entry-level properties (bottom 25%) earn $27 or less, about 58% of the median.
RevPAR by month in Panama City
Revenue per open night (RevPAR), by month, September 2025 to August 2026
Monthly average $64 $72 $58
The 12-month RevPAR of $58 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Best and Worst Months for Airbnb in Panama City
Panama City earns at a steady pace year-round: no month runs more than 13% above the monthly average.
How Far in Advance Do Guests Book Airbnb in Panama City?
Guests book Panama City stays 24 days ahead on average (about three weeks). November stays are booked furthest out, about 33 days ahead, and December stays closest to arrival, about 13 days. A typical November booking is made in mid-October.
November stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2025 to August 2026
Monthly average 26 days 33 days 13 days
The 12-month figure of 24 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
Airbnb Permits and Registration in Panama City
None of the 978 active listings in Panama City display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Panama City.
Neighborhoods
Best Neighborhoods for Airbnb in Panama City
AirROI's area guide picks six Panama City neighborhoods that draw short-term rental guests, led by Casco Viejo, Obarrio and El Cangrejo. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Casco Viejo | Historic district with colonial architecture and vibrant nightlife. A UNESCO World Heritage site attracting tourists for its rich culture and history. | Plaza Francia, Panama Canal Museum, Metropolitan Cathedral, Casco Viejo's historic buildings, restaurants and bars, art galleries |
| Obarrio | Trendy neighborhood known for its modern high-rises and proximity to the banking district. Popular among business travelers and urban dwellers. | Iglesia del Carmen, restaurants and cafes, shopping centers, Multiplaza Pacific Mall, urban parks |
| El Cangrejo | Cosmopolitan area with a mix of residential and commercial spaces. Known for its lively atmosphere and diverse dining options. | Via Argentina, local markets, nightlife, restaurants of various cuisines, art galleries |
| Punta Paitilla | Upscale neighborhood with stunning views of the ocean and proximity to the city center. Attracts visitors looking for luxury accommodations. | Cinta Costera, Punta Paitilla Mall, urban parks, scenic viewpoints |
| Ancon | Residential area near the Panama Canal, offering a quieter environment while still being close to city attractions. Ideal for nature lovers and those seeking tranquility. | Ancon Hill, Panama Canal, nature trails, flora and fauna, scenic views of the Canal |
| Costa del Este | Planned community known for its modern architecture and business focus. Attracts expatriates and professionals looking for high-end living. | Costa del Este shopping centers, beaches, parks, restaurants |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Panama City Airbnb Listings by Type and Size
Entire homes make up 84% of listings in Panama City, but private rooms are a real segment: about one listing in seven (15%) rents out a single room. Apartments and condos account for 86% of the stock; houses come next at 7%.
Mostly entire homes, with a private-room segment
Panama City Airbnb listings by room type
- Entire home 84%
- Private room 15%
- Shared room <1%
- Hotel room <1%
Room types in numbers
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 83.9% | 821 |
| Private room | 15.0% | 147 |
| Shared room | 0.6% | 6 |
| Hotel room | 0.4% | 4 |
Apartments dominate the property mix
Panama City Airbnb listings by property type
- Apartment/Condo 86%
- House 7%
- Hotel/Boutique 6%
- Cabin/Outdoor 1%
- Unique stay <1%
- Others <1%
Property types in numbers
| Property type | Share of listings | Listings |
|---|---|---|
| Apartment/Condo | 85.7% | 838 |
| House | 6.7% | 66 |
| Hotel/Boutique | 5.8% | 57 |
| Cabin/Outdoor | 1.0% | 10 |
| Unique stay | 0.5% | 5 |
| Others | 0.2% | 2 |
How Many Bedrooms Do Airbnb Listings in Panama City Have?
Panama City's homes run small: studios and one-bedrooms make up 59% of entire homes, and only 15% of homes have three or more bedrooms. Shares are of the 810 entire homes that give a bedroom count; rented rooms are left out.
Panama City entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
9%
49%
27%
10%
2%
2%
Bedroom counts in numbers
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| Studio | 9.4% | 76 |
| 1 bedroom | 49.1% | 398 |
| 2 bedrooms | 26.8% | 217 |
| 3 bedrooms | 10.2% | 83 |
| 4 bedrooms | 2.3% | 19 |
| 5+ bedrooms | 2.1% | 17 |
What Each Home Size Earns in Panama City
A typical studio in Panama City earned $9,260 over the past year, against $41,800 for a home with five or more bedrooms.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| Studio | 76 | $9,260 | $10,100 | $94 | 50% |
| 1 bedroom | 398 | $11,700 | $13,300 | $99 | 54% |
| 2 bedrooms | 217 | $11,600 | $15,300 | $126 | 52% |
| 3 bedrooms | 83 | $15,000 | $19,000 | $162 | 49% |
| 4 bedrooms | 19 | $21,100 | $31,500 | $256 | 42% |
| 5+ bedrooms | 17 | $41,800 | $67,100 | $510 | 42% |
How Many Guests Do Airbnbs in Panama City Sleep?
Most Panama City listings are sized for couples and small families: 78% sleep four guests or fewer, and just 6% take eight or more. Shares are of the 866 listings with a guest capacity on file (89% of the market).
Panama City listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
1%
36%
12%
30%
5%
9%
1%
6%
Guest capacity in numbers
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 1 guest | 0.7% | 6 |
| 2 guests | 35.6% | 308 |
| 3 guests | 11.7% | 101 |
| 4 guests | 30.1% | 261 |
| 5 guests | 5.4% | 47 |
| 6 guests | 8.9% | 77 |
| 7 guests | 1.3% | 11 |
| 8+ guests | 6.4% | 55 |
How Panama City Airbnb Listings Are Set Up
Panama City hosts set up an average of 2.1 beds per listing. 54% of listings show their exact location on the listing map; the rest show an approximate area.
- Photos per listing
- 12
- Beds per listing
- 2.1
- Show exact location
- 54%
What Amenities Do Airbnb Listings in Panama City Offer?
Washers are close to standard in Panama City: 86% of listings have one.
Share of Panama City listings with each common amenity
Airbnb Amenities Linked to Higher Revenue in Panama City
Listings in Panama City with arcade games earned about 2.6 times as much a year, on average, as those without: $34,700 against $13,600. The gap is smaller for a game console (about 2.4 times as much) and a themed room (about 2.3 times as much). Bigger, professionally run homes tend to carry more amenities, so these gaps reflect the kind of listing as much as the feature itself.
Revenue gap for Panama City listings with each amenity
How much more listings with the amenity earned in a year than those without, and the share of listings that have it
Revenue by amenity in numbers
| Amenity | Listings with it | Avg. revenue with | Avg. revenue without | Revenue gap |
|---|---|---|---|---|
| Arcade games | 1% | $34,700 | $13,600 | +156% |
| Game console | 2% | $32,600 | $13,500 | +142% |
| Theme room | 3% | $31,000 | $13,200 | +134% |
| Paid parking off premises | 9% | $28,400 | $12,500 | +128% |
| Life size games | 1% | $28,900 | $13,600 | +112% |
| Outdoor furniture | 22% | $23,400 | $11,200 | +110% |
| Sun loungers | 16% | $22,700 | $12,100 | +87% |
| Pool view | 3% | $25,000 | $13,500 | +84% |
| Patio or balcony | 32% | $20,000 | $10,900 | +84% |
| Backyard | 10% | $23,400 | $12,800 | +84% |
Guests
Who Books Airbnbs in Panama City?
Panama City runs on foreign visitors: 91% of guests who left reviews live outside Panama. The United States leads with 38% of reviewers, ahead of Canada at 7%. Guests speak a mix of languages: English leads at 44%, followed by Spanish and French.
91% of Panama City guests come from abroad
Where guests who left reviews live
- International 91%
- Domestic 9%
Where Panama City guests come from: top cities
Share of guests who left reviews
Top origin cities in numbers
| Origin city | Share of guests |
|---|---|
| Panama City | 4.3% |
| New York | 3.1% |
| Bogotá | 1.8% |
| Miami | 1.5% |
| Guatemala City | 1.4% |
Where Panama City guests come from: top countries
Share of guests who left reviews
Top origin countries in numbers
| Origin country | Share of guests |
|---|---|
| United States | 37.7% |
| Panama | 8.8% |
| Canada | 6.5% |
| Colombia | 5.7% |
| Mexico | 3.6% |
Languages spoken by Panama City guests
Share of guests who left reviews
Top languages in numbers
| Language | Share of guests |
|---|---|
| English | 43.5% |
| Spanish | 33.9% |
| French | 6.8% |
| German | 3.9% |
| Portuguese | 3.7% |
What Are Airbnb Guest Ratings in Panama City?
Panama City Airbnbs average 4.72 stars, and 34% of listings hold Airbnb's Guest Favorite badge. The category scores are tightly bunched, and value for money is the lowest, at 4.71.
Communication and location score highest in Panama City; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
Category scores in numbers
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.78 |
| Cleanliness | 4.76 |
| Communication | 4.80 |
| Location | 4.80 |
| Check-in | 4.78 |
| Value | 4.71 |
Booking patterns
How Guests Book in Panama City: Stays, Rules and Fees
Nearly eight in ten Panama City listings are open to guests more than 180 days a year, but only 24% are booked or blocked that many days. The most common booked-or-blocked total is 91 to 180 days a year, covering 35% of listings; blocked nights include any the host closes off.
Days a year Panama City listings are open to guests
Share of listings by days a year
- 271-366 days 44%
- 181-270 days 34%
- 91-180 days 19%
- 31-90 days 2%
- 1-30 days <1%
Open days in numbers
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 44.2% | 432 |
| 181-270 days | 33.8% | 331 |
| 91-180 days | 19.3% | 189 |
| 31-90 days | 2.5% | 24 |
| 1-30 days | 0.2% | 2 |
Days a year Panama City listings are booked or blocked
Share of listings by days a year
- 271-366 days 3%
- 181-270 days 21%
- 91-180 days 35%
- 31-90 days 28%
- 1-30 days 14%
Booked or blocked days in numbers
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 2.8% | 27 |
| 181-270 days | 20.8% | 203 |
| 91-180 days | 34.8% | 340 |
| 31-90 days | 27.9% | 273 |
| 1-30 days | 13.8% | 135 |
What Is the Average Length of Stay for Airbnb in Panama City?
The average Panama City booking lasts 6.3 nights, longest in January and shortest in October. Listings took about 22 bookings each over the year, some 21,500 in all. About eight in ten listings that give a check-in time set it at 3 p.m., with check-out usually at 11 a.m.
Average length of stay by month in Panama City
Average nights per booking, by month of stay
Average 5.8 nights 7 nights 4.8 nights
Panama City Airbnb Minimum Stay Requirements
More than eight in ten listings in Panama City accept stays of one or two nights.
Minimum stay set by Panama City listings
Share of listings by the shortest stay they accept, from one night to 30 or more
What Cancellation Policies Do Airbnb Hosts Use in Panama City?
Flexible is the most common cancellation policy in Panama City, used by 30% of listings; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: nearly six in ten listings offer Flexible or Moderate terms, against 25% on Firm or stricter ones.
Cancellation policies of Panama City listings, from most to least flexible
Share of listings by the policy they use
How Much Are Airbnb Cleaning Fees in Panama City?
About eight in ten Panama City listings charge a cleaning fee. The typical fee is $35, but a minority of much higher fees lifts the average to $80, so the median is the better guide. Spread over the average stay of 6.3 nights, that adds roughly $6 a night to what guests pay. For listings that charge one, cleaning fees make up about 6% of gross revenue.
- Median cleaning fee
- $35
- Average cleaning fee
- $80
- Listings charging a fee
- 80.9%
- Share of gross revenue
- 6.5%
Top earners
Top-Earning Airbnbs and Hosts in Panama City
The top-grossing Airbnb in Panama City, a five-bedroom home, took in $224,000 over the past year, about 16 times the city's average of $13,800. Four of the six listings below have five or more bedrooms; the other two have four bedrooms.
Penthouse with rooftop and pool 5 rooms Di5 Entire home · 5 bedrooms Rated 4.73 
Penthouse Deluxe, 360º views and glass pool Entire home · 4 bedrooms Rated 4.89 - Revenue
- $223,004
- Occupancy
- 77.7%
- Daily rate
- $767
Villa El Cangrejo Entire home · 7 bedrooms Rated 4.82 - Revenue
- $215,080
- Occupancy
- 63.3%
- Daily rate
- $892
Casa AcoModo @Casco Viejo – Remodeled 6BR & Pool Entire home · 6 bedrooms Rated 4.75 - Revenue
- $158,508
- Occupancy
- 56.0%
- Daily rate
- $873
Coco Villa | Private Residence with Pool by *YC Entire home · 8 bedrooms Rated 4.94 - Revenue
- $132,800
- Occupancy
- 51.7%
- Daily rate
- $918
Full house, billiards, jacuzzi, private rooftop Entire home · 4 bedrooms Rated 4.77 - Revenue
- $125,095
- Occupancy
- 70.3%
- Daily rate
- $460
Who Are the Top Airbnb Hosts in Panama City?
Mauricio is the top-grossing host in Panama City, with $1.12 million in bookings across 26 listings over the past year. Together, the ten top-grossing hosts run 25% of the market's 978 listings. Mauricio also earns more per listing than any other host on the list.
| # | Host | Listings | Gross revenue | Per listing | Avg. rating |
|---|---|---|---|---|---|
| Mauricio | 26 | $1,122,895 | $43,188 | 4.77/5 | |
| Corporate Stays LATAM | 104 | $1,120,195 | $10,771 | 4.70/5 | |
| AcoModo | 18 | $671,016 | $37,279 | 4.70/5 | |
| 4 | Boutique Apartments Panamá | 15 | $543,579 | $36,239 | 4.27/5 |
| 5 | Jonathan | 10 | $366,228 | $36,623 | 4.94/5 |
| 6 | Juan Wynwood House | 22 | $357,823 | $16,265 | 4.71/5 |
| 7 | LG Stays | 8 | $323,857 | $40,482 | 4.80/5 |
| 8 | Marcela | 13 | $238,591 | $18,353 | 4.92/5 |
| 9 | La Residence Panamá | 21 | $212,826 | $10,135 | 4.89/5 |
| 10 | Berdi Bernal | 7 | $163,022 | $23,289 | 4.54/5 |
Who Are the Airbnb Hosts in Panama City?
Professional management companies run one in five Panama City listings and owners run the rest, though 35% of listings have a co-host. Superhosts run four in ten listings. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 92% of listings.
- Superhosts
- 40.2%
- Professional management
- 20.3%
- Cohosted listings
- 35.3%
- Instant Book enabled
- 53.6%
- Simplified Pricing
- 92.0%
Largest Airbnb Management Companies in Panama City
11 management companies run five or more active Airbnb listings in Panama City, and companies run 26% of its 978 active listings. Corporate Stays LATAM is the largest, with 104 listings and an average guest rating of 4.73; the next largest are Wynwood House, La Residence, AcoModo and Nomada Rental. Among the five largest, La Residence's homes rate highest, at 4.90.
The five largest run 18% of Panama City's listings
Share of Panama City's 978 active Airbnb listings each company runs as host or co-host
- Corporate Stays LATAM 11% · 104
- Wynwood House 2% · 22
- La Residence 2% · 21
- AcoModo 2% · 18
- Nomada Rental 1% · 13
- All other listings 82%
Listings each company runs as host or co-host, 12 months to September 2026. Guest ratings average each listing's Airbnb rating, weighted by its reviews.
See the largest management companies in Provincia de Panamá, with a profile of each.
Nearby markets
Panama City vs. Nearby Airbnb Markets
AirROI also tracks listings in this area under another name: Panamá (462 active listings) has its own page and is left out of the comparison below.
Of the eight nearby markets in the table, all within 5 km, El Chorrillo (5 km away, 54 listings) earned the most per listing, about 51% more than Panama City. Santa Ana and El Chorrillo were the busiest, each booked on 53% of nights against 50% in Panama City.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| San Francisco 1 km | 289 | $18,120 | $111 | 51% |
| Bella Vista 2 km | 560 | $16,609 | $101 | 50% |
| Bethania 2 km | 48 | $13,256 | $94 | 43% |
| Calidonia 3 km | 193 | $9,893 | $75 | 43% |
| Parque Lefevre 4 km | 38 | $7,726 | $69 | 35% |
| Ancón 5 km | 103 | $12,033 | $95 | 42% |
| Santa Ana 5 km | 104 | $13,717 | $79 | 53% |
| El Chorrillo 5 km | 54 | $20,951 | $116 | 53% |
FAQ
Panama City Airbnb FAQ
How much do Airbnb hosts make in Panama City?
An active Panama City Airbnb grossed US$13,845 on average in the 12 months to September 2026, according to AirROI's tracking of 978 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in US$2,470 or more in a typical month.
How much can I make on Airbnb in Panama City?
It depends most on the home's size, location and how it's run. The middle half of Panama City listings earn between US$746 and US$2,470 in a typical month, and the top tenth US$3,620 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Panama City?
Listings in Panama City were booked on 50% of available nights over the past year. That compares with 38% for the national average. December was the busiest month.
How much does an Airbnb cost per night in Panama City?
The average booked night in Panama City cost US$113 before fees. Half of listings charge between US$68 and US$130, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Panama City?
None of the active Panama City listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Is Airbnb profitable in Panama City?
Yes, when it's run well. The average Panama City Airbnb grossed US$13,845 in the 12 months to September 2026, in line with the national average. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, US$9,345 a year (about US$780 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about US$1,240 a month. Check a specific home in the Airbnb calculator.
When is Airbnb peak season in Panama City?
August paid best over the past year, at US$2,210 per active listing, and April paid least. The month-by-month table above shows how rates and bookings each move.
What is the Airbnb RevPAR in Panama City?
Each night a Panama City listing was open to book earned US$58 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made US$108 or more.
How far in advance do guests book Airbnbs in Panama City?
Panama City stays were booked 24 days (about three weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
How long do guests stay at Airbnbs in Panama City?
The average Panama City Airbnb stay lasted 6.3 nights over the past year. A listing took 22 reservations over the year on average.
How are Airbnbs in Panama City rated?
Guests rate Panama City Airbnbs 4.72 out of 5 on average. Guests score communication highest and value lowest.
What are the best neighborhoods for Airbnb in Panama City?
Casco Viejo, Obarrio and El Cangrejo draw the most short-term rental interest in Panama City. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Panama City?
AirROI counted 978 active Airbnb listings in Panama City as of September 2026. The closest tracked market is San Francisco, 1 km away.
How much are Airbnb cleaning fees in Panama City?
In Panama City, about eight in ten listings add a cleaning fee. The median fee is US$35, but a minority of much higher fees lifts the average to US$80, so the median is the better guide.
Method
About This Data
Figures on this page cover 978 active Airbnb listings in Panama City from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. Money figures are in U.S. dollars. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.