Panama City Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Panamá Province, Panama

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Panama City in 2025? Explore comprehensive Airbnb analytics for Panama City, Panamá Province, Panama to uncover income potential. This 2025 STR market report for Panama City, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 29 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

Avg. Daily Rate (ADR)(?)
$153
The average rental revenue earned for an occupied room per day in Panama City.
Occupancy Rate(?)
52.5%
High demand. Good booking frequency.
Median Annual Revenue(?)
$28,429
Typical annual income for an Airbnb listing in Panama City. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
153.8%
Strong growth (153.8%) vs. last year.
Peak Revenue Month(?)
January
The month with the highest average earnings, indicating peak season in Panama City.
Lowest Revenue Month(?)
August
The month with the lowest average earnings, indicating the low season in Panama City.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
29
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Panama City (2025)

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 January, while August 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 $6,074+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $3,306 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $2,337 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $1,499, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Panama City

Panama City Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Panama City STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Januarysees the highest demand (peak season occupancy), while June 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 82%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 60% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 48%.
  • Entry-level properties (Bottom 25%) average 35% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Panama City

Average Daily Rate (ADR) Airbnb Trends in Panama City (2025)

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 January and dips lowest during September. 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 $211+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $144 or more.
  • Typical properties (Median) charge around $116 per night.
  • Entry-level properties (Bottom 25%) earn around $93 per night.

Average Daily Rate (ADR) Trend by Month in Panama City

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Airbnb Seasonality Analysis & Trends in Panama City (2025)

Peak Season (January, February, March)
  • Revenue averages $4,157 per month
  • Occupancy rates average 70.3%
  • Daily rates average $175
Shoulder Season
  • Revenue averages $3,180 per month
  • Occupancy maintains around 41.7%
  • Daily rates hold near $139
Low Season (August, September, October)
  • Revenue drops to average $1,894 per month
  • Occupancy decreases to average 46.7%
  • Daily rates adjust to average $120

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 $4,607, occupancy reaching a high of 74.3%, and ADRs peaking at $177.
  • 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 $1,711, occupancy could drop to 19.4%, and ADRs may adjust down to $119.
  • 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 (2025)

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 / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Casco Viejo
Historic district with colonial architecture, vibrant nightlife, and cultural attractions. It's a UNESCO World Heritage site popular with tourists for its restaurants, bars, and historical significance.
Plaza de Francia, Metropolitan Cathedral, Church of San José, Museo del Canal Interoceánico, Cerro Ancon
Avenida Balboa
Iconic waterfront promenade with beautiful views of the Panama City skyline. It's a popular area for both locals and tourists, with plenty of parks and beach access.
Cinta Costera, Parque Urracá, Hard Rock Hotel, Marina Balboa, Multiparque
Obarrio
Business district known for upscale dining and shopping. This area attracts business travelers and expatriates due to its central location and amenities.
Multiplaza Pacific Mall, Café Coca Cola, Parque Omar, Historic Church of San José
El Cangrejo
Trendy neighborhood known for its nightlife and cultural scene. It's popular among younger crowds and expatriates, offering a laid-back vibe with plenty of bars and restaurants.
Paseo de Los Estudiantes, Habitat Panama, Casa Casco, Café Ocho
Punta Paitilla
High-end residential area with luxury apartments and beautiful ocean views. It attracts tourists looking for upscale accommodations and proximity to the beach.
Punta Paitilla Mall, Veneto Hotel & Casino, Coastal Beltway
Bella Vista
Cultural and residential area with various dining options, parks, and proximity to entertainment, making it a great area for visitors seeking a local experience.
Parque Bellavista, Teatro Nacional, Sobre el Mar Restaurant
San Francisco
Dynamic neighborhood known for its mix of business and leisure. Popular with families and professionals, close to amenities and recreational areas.
Parque Omar, Cinepolis Multiplaza, Paitilla Hospital
Ancon Hill
Natural park offering hiking trails and panoramic views of Panama City. Great for eco-tourists and those looking for outdoor activities within the city.
Cerro Ancon, Pathways and Lookout Points

Understanding Airbnb License Requirements & STR Laws in Panama City (2025)

While Panama City, Panamá Province, 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, 2025, finding no licensed listings among those analyzed)

Top Performing Airbnb Properties in Panama City (2025)

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

Penthouse deluxe, 360º views and glass pool

Entire Place • 4 bedrooms

$171,943
Revenue
60.2%
Occupancy
$674.65
Daily Rate
Casa AcoModo @Casco Viejo (4Bdr Historic Mansion)

Casa AcoModo @Casco Viejo (4Bdr Historic Mansion)

Entire Place • 4 bedrooms

$89,506
Revenue
62.7%
Occupancy
$370.74
Daily Rate
A Charming Colonial House in Casco Antiguo

A Charming Colonial House in Casco Antiguo

Entire Place • 3 bedrooms

$50,913
Revenue
54.8%
Occupancy
$321.06
Daily Rate
Jacuzzi inside colonial ruins in beautiful apartme

Jacuzzi inside colonial ruins in beautiful apartme

Entire Place • 1 bedroom

$44,507
Revenue
83.1%
Occupancy
$143.14
Daily Rate
Amazing apartment with 2 terraces. St George E

Amazing apartment with 2 terraces. St George E

Entire Place • 2 bedrooms

$38,825
Revenue
49.6%
Occupancy
$195.50
Daily Rate
Beautiful House with private pool

Beautiful House with private pool

Entire Place • 1 bedroom

$36,404
Revenue
68.6%
Occupancy
$130.32
Daily Rate

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 (2025)

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 NamePropertiesGrossing RevenueStay ReviewsAvg Rating
AcoModo11$277,671993.88/5.0
Mauricio2$216,4501474.88/5.0
Isabel4$117,5351304.89/5.0
Israel2$54,505944.76/5.0
Marc1$50,91335.00/5.0
Shiri2$30,016864.91/5.0
Natali1$28,050505.00/5.0
Daniela1$17,515194.74/5.0
Host #391528211$15,816195.00/5.0
Yeiry1$8,4261034.60/5.0

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 (2025)

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 Metrics

Panama City Short-Term Rental Market Composition (2025): 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 93.1% of the 29 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 (86.2%), reflecting the local real estate landscape.
  • Smaller segments like others (combined 3.4%) offer potential for unique stay experiences.

Panama City Airbnb Room Capacity Analysis (2025): 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 48.3% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 1 bedroom and 2 bedrooms properties represent 79.3% of the active Airbnb listings in Panama City, indicating a high concentration in these sizes.

Panama City Vacation Rental Guest Capacity Trends (2025)

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 (37.9%). 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 62.0% of listings.
  • 17.1% 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 3.8 guests.

Panama City Airbnb Booking Patterns (2025): 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 91-180 days range, representing 41.4% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 48.2% 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 Panama City (41.4%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 51.7% 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 (38.5%)

1 Night

10 listings

38.5% of total

2 Nights (15.4%)

2 Nights

4 listings

15.4% of total

30+ Nights (46.2%)

30+ Nights

12 listings

46.2% of total

Key Insights

  • The most prevalent minimum stay requirement in Panama City is 30+ Nights, adopted by 46.2% of listings. This highlights the market's preference for longer commitments.
  • A significant segment (46.2%) 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 30+ Nights minimum stay, as 46.2% of Panama City hosts use this setting.
  • Explore offering discounts for stays of 30+ nights to attract the 46.2% 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 (2025)

Flexible (8.7%)

Flexible

2 listings

8.7% of total

Moderate (52.2%)

Moderate

12 listings

52.2% of total

Firm (30.4%)

Firm

7 listings

30.4% of total

Strict (8.7%)

Strict

2 listings

8.7% of total

Cancellation Policy Insights for Panama City

  • The prevailing Airbnb cancellation policy trend in Panama City is Moderate, used by 52.2% of listings.
  • There's a relatively balanced mix between guest-friendly (60.9%) and stricter (39.1%) policies, offering choices for different guest needs.
  • Strict cancellation policies are quite rare (8.7%), 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 52.2% market standard in Panama City.
  • Using a Strict policy might deter some guests, as only 8.7% 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 (2025)

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 31 days.
  • Guests book furthest in advance for stays during January (average 43 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in July (average 0 days), indicating more last-minute travel plans during this time.
  • Seasonally, Winter (37 days avg.) sees the longest lead times, while Summer (2 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (31 days) as a baseline for your pricing and availability strategy in Panama City.
  • For January stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 43 days out to capitalize on advance planning.
  • During July, focus on last-minute booking availability and promotions, as guests book with very short notice (0 days avg.).
  • Target marketing efforts for the Winter season well in advance (at least 37 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 (2025)

Amenity Prevalence

Amenity Insights for Panama City

  • Essential amenities in Panama City that guests expect include: TV, Wifi, Air conditioning, Dishes and silverware, Cooking basics, Kitchen. Lacking these (any) could significantly impact bookings.
  • Popular amenities like Essentials, Bed linens, Hangers 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, Dishes and silverware, Cooking basics, Kitchen.
  • Prioritize adding missing essentials: Dishes and silverware, Cooking basics, Kitchen.
  • Consider adding popular differentiators like Essentials or Bed linens 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 (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Panama City

  • The typical guest profile for Airbnb in Panama City consists of predominantly international visitors (80%), 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 20.5% of guests.
  • Key international markets include United States (50.2%) and Panama (20.5%).
  • Top languages spoken are English (48.5%) followed by Spanish (32.8%).
  • 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.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Buenaventura21$6,184$499.2236%
Maria Chiquita47$5,182$410.7143%
Palenque10$2,890$448.1628%
Las Escobas del Venado48$2,635$244.2738%
Playa Venao68$2,491$263.7734%
Panamá100$2,252$153.1954%
Altos del Maria19$2,239$224.9734%
Panamá108$2,152$123.2860%
Panama City12$2,092$154.5046%
San Blas Islands32$2,023$375.7826%

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