Panama City Airbnb Market Analysis 2026: Short Term Rental Data & Vacation Rental Statistics in Provincia de Panamá, Panama
Is Airbnb profitable in Panama City in 2026? Explore comprehensive Airbnb analytics for Panama City, Provincia de Panamá, Panama to uncover income potential. This 2026 STR market report for Panama City, based on AirROI data from February 2025 to January 2026, reveals key trends in the niche market of 128 active listings.
Whether you're considering an Airbnb investment in Panama City, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Panama City Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Panama City Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Panama City (2026)
Understanding the monthly revenue variations for Airbnb listings in Panama City 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 Panama City is typically March, while May often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Panama City across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,209+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,554 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,691 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $922, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Panama City
Panama City Airbnb Occupancy Rate Trends (2026)
Maximize your bookings by understanding the Panama City STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Februarysees 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 Panama City:
- Best-in-class properties (Top 10%) achieve 85%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 71% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 54%.
- Entry-level properties (Bottom 25%) average 31% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Panama City
Average Daily Rate (ADR) Airbnb Trends in Panama City (2026)
Effective short term rental pricing strategy in Panama City involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Panama City typically peaks in February and dips lowest during October. 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 $188+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $127 or more.
- Typical properties (Median) charge around $94 per night.
- Entry-level properties (Bottom 25%) earn around $68 per night.
Average Daily Rate (ADR) Trend by Month in Panama City
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Airbnb Seasonality Analysis & Trends in Panama City (2026)
Peak Season (March, February, April)
- Revenue averages $3,343 per month
- Occupancy rates average 62.4%
- Daily rates average $122
Shoulder Season
- Revenue averages $2,046 per month
- Occupancy maintains around 51.8%
- Daily rates hold near $112
Low Season (January, May, September)
- Revenue drops to average $1,737 per month
- Occupancy decreases to average 41.8%
- Daily rates adjust to average $115
Seasonality Insights for Panama City
- The Airbnb seasonality in Panama City shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Panama City's highest earning potential, with monthly revenues capable of climbing to $3,777, occupancy reaching a high of 67.3%, and ADRs peaking at $124.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,691, occupancy could drop to 30.6%, and ADRs may adjust down to $107.
- 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 Panama City.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Panama City seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Panama City (2026)
Exploring the top neighborhoods for short-term rentals in Panama City? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| 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 |
| Bella Vista | Centrally located district with a blend of residential and commercial spaces. Known for its vibrant nightlife and cultural spots. | Parque Urracá, Calle Uruguay, restaurants and bars, cultural events |
| San Francisco | Residential neighborhood with easy access to the city's amenities and a mix of local and international cuisine options. Popular among families. | Vía España, local markets, shopping centers, restaurants |
Understanding Airbnb License Requirements & STR Laws in Panama City (2026)
While Panama City, Provincia de Panamá, Panama currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Panama City to ensure full compliance before hosting.
(Source: AirROI data, 2026, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Panama City (2026)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Panama Citybased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Penthouse Deluxe, 360º views and glass pool
Entire Place • 4 bedrooms
Penthouse with rooftop and pool 5 rooms Di5
Entire Place • 5 bedrooms
Villa El Cangrejo
Entire Place • 7 bedrooms
A Charming Colonial House in Casco Antiguo
Entire Place • 3 bedrooms
Full house, billiards, jacuzzi, private rooftop
Entire Place • 4 bedrooms
Casa AcoModo @Casco Viejo – Remodeled 6BR & Pool
Entire Place • 6 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Panama City (2026)
Learn from the best! This table showcases top-performing Airbnb hosts in Panama City 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 | 8 | $702,697 | 1441 | 4.78/5.0 |
| AcoModo | 15 | $340,885 | 418 | 4.70/5.0 |
| Andrew | 6 | $149,085 | 153 | 4.80/5.0 |
| Isabel | 4 | $123,002 | 290 | 4.86/5.0 |
| Juan | 9 | $97,989 | 112 | 4.58/5.0 |
| Marc | 1 | $73,232 | 16 | 4.94/5.0 |
| Israel | 3 | $61,412 | 175 | 4.82/5.0 |
| Paulo | 1 | $49,663 | 30 | 4.90/5.0 |
| Alberto | 2 | $45,191 | 83 | 4.98/5.0 |
| Willy | 2 | $35,551 | 78 | 4.92/5.0 |
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 Panama City.
Dive Deeper: Advanced Panama City STR Market Data (2026)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Panama City. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsPanama City Short-Term Rental Market Composition (2026): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Panama City
- The Panama City Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 91.4% of the 128 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Panama City, Apartment/Condo properties are the most common (90.6%), reflecting the local real estate landscape.
- Smaller segments like hotel/boutique, others (combined 2.4%) offer potential for unique stay experiences.
Panama City Airbnb Room Capacity Analysis (2026): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Panama City
- The dominant room capacity in Panama City is 1 bedroom listings, making up 59.4% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 83.6% of the active Airbnb listings in Panama City, indicating a high concentration in these sizes.
- With over half the market (59.4%) consisting of studios or 1-bedroom units, Panama City is particularly well-suited for individuals or couples.
Panama City Vacation Rental Guest Capacity Trends (2026)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Panama City
- The most common guest capacity trend in Panama City vacation rentals is listings accommodating 4 guests (32%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Panama City STR market, accounting for 57.8% of listings.
- 17.2% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Panama City.
- On average, properties in Panama City are equipped to host 3.7 guests.
Panama City Airbnb Booking Patterns (2026): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Panama City
- The most common availability pattern in Panama City falls within the 271-366 days range, representing 40.6% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 79.7% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Panama City (39.8%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 21.9% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Panama City Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
54 listings
42.2% of total
2 Nights
19 listings
14.8% of total
3 Nights
3 listings
2.3% of total
4-6 Nights
3 listings
2.3% of total
7-29 Nights
6 listings
4.7% of total
30+ Nights
43 listings
33.6% of total
Key Insights
- The most prevalent minimum stay requirement in Panama City is 1 Night, adopted by 42.2% of listings. This highlights the market's preference for shorter, flexible bookings.
- A significant segment (33.6%) caters to monthly stays (30+ nights) in Panama City, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 42.2% of Panama City hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 33.6% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Panama City.
Panama City Airbnb Cancellation Policy Trends Analysis (2026)
Limited
3 listings
2.3% of total
Flexible
20 listings
15.6% of total
Moderate
60 listings
46.9% of total
Firm
38 listings
29.7% of total
Strict
7 listings
5.5% of total
Cancellation Policy Insights for Panama City
- The prevailing Airbnb cancellation policy trend in Panama City is Moderate, used by 46.9% of listings.
- There's a relatively balanced mix between guest-friendly (62.5%) and stricter (35.2%) policies, offering choices for different guest needs.
- Strict cancellation policies are quite rare (5.5%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Moderate policy to align with the 46.9% market standard in Panama City.
- Using a Strict policy might deter some guests, as only 5.5% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Panama City.
Panama City STR Booking Lead Time Analysis (2026)
Average Booking Lead Time by Month
Booking Lead Time Insights for Panama City
- The overall average booking lead time for vacation rentals in Panama City is 26 days.
- Guests book furthest in advance for stays during February (average 49 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in December (average 16 days), indicating more last-minute travel plans during this time.
- Seasonally, Winter (33 days avg.) sees the longest lead times, while Summer (20 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (26 days) as a baseline for your pricing and availability strategy in Panama City.
- For February stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 49 days out to capitalize on advance planning.
- Target marketing efforts for the Winter season well in advance (at least 33 days) to capture early planners.
- Monitor your own booking lead times against these Panama City averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Panama City (2026)
Amenity Prevalence
Amenity Insights for Panama City
- Essential amenities in Panama City that guests expect include: TV, Wifi, Air conditioning, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Washer, Cooking basics, Smoke alarm are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Panama City: TV, Wifi, Air conditioning, Kitchen.
- Prioritize adding missing essentials: Wifi, Air conditioning, Kitchen.
- Consider adding popular differentiators like Washer or Cooking basics 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 Panama City to stay competitive.
Panama City Airbnb Guest Demographics & Profile Analysis (2026)
Guest Profile Summary for Panama City
- The typical guest profile for Airbnb in Panama City consists of predominantly international visitors (92%), with top international origins including Panama, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 8.2% of guests.
- Key international markets include United States (49.3%) and Panama (8.2%).
- Top languages spoken are English (47.3%) followed by Spanish (30.6%).
- 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 Panama.
- 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.
Nearby Short-Term Rental Market Comparison
How does the Panama City 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.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Buenaventura | 20 | $4,890 | $468.15 | 34% |
| Maria Chiquita | 67 | $4,328 | $406.29 | 37% |
| Las Escobas del Venado | 70 | $2,317 | $276.78 | 38% |
| Palenque | 10 | $2,139 | $507.89 | 20% |
| El Chirú | 65 | $2,076 | $348.55 | 28% |
| Playa Venao | 70 | $2,019 | $272.09 | 33% |
| San Blas Islands | 33 | $1,776 | $400.01 | 25% |
| Altos del Maria | 19 | $1,727 | $167.91 | 38% |
| Saboga | 62 | $1,721 | $341.99 | 27% |
| María Chiquita | 56 | $1,645 | $242.36 | 25% |