The average hotel price in Panama city experienced significant amounts of fluctuation in 2021. The lowest price in that year was recorded in Q3, with a little over 90 U.S. dollars. Hotel occupancy rates in Panama were considerably impacted by the COVID-19 pandemic but had been on a downward trend before the onset of the pandemic.
Average price of hotel rooms in Panama City, Panama from 1st quarter 2021 to 4th quarter 2021
(in U.S. dollars)
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Business Travel News. (March 1, 2022). Average price of hotel rooms in Panama City, Panama from 1st quarter 2021 to 4th quarter 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved July 18, 2024, from https://www.statista.com/statistics/1238865/hotel-rates-panama-city-panama/
Business Travel News. "Average price of hotel rooms in Panama City, Panama from 1st quarter 2021 to 4th quarter 2021 (in U.S. dollars)." Chart. March 1, 2022. Statista. Accessed July 18, 2024. https://www.statista.com/statistics/1238865/hotel-rates-panama-city-panama/
Business Travel News. (2022). Average price of hotel rooms in Panama City, Panama from 1st quarter 2021 to 4th quarter 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: July 18, 2024. https://www.statista.com/statistics/1238865/hotel-rates-panama-city-panama/
Business Travel News. "Average Price of Hotel Rooms in Panama City, Panama from 1st Quarter 2021 to 4th Quarter 2021 (in U.S. Dollars)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1238865/hotel-rates-panama-city-panama/
Business Travel News, Average price of hotel rooms in Panama City, Panama from 1st quarter 2021 to 4th quarter 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1238865/hotel-rates-panama-city-panama/ (last visited July 18, 2024)
Average price of hotel rooms in Panama City, Panama from 1st quarter 2021 to 4th quarter 2021 (in U.S. dollars) [Graph], Business Travel News, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/1238865/hotel-rates-panama-city-panama/
