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

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Panamá in 2025? Explore comprehensive Airbnb analytics for Panamá, Provincia de Panamá, Panama to uncover income potential. This 2025 STR market report for Panamá, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 108 active listings.

Whether you're considering an Airbnb investment in Panamá, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Panamá 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 Panamá Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$123
The average rental revenue earned for an occupied room per day in Panamá.
Occupancy Rate(?)
59.9%
High demand. Good booking frequency.
Median Annual Revenue(?)
$25,824
Typical annual income for an Airbnb listing in Panamá. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
-10.9%
Significant decrease (-10.9%) vs. last year.
Peak Revenue Month(?)
January
The month with the highest average earnings, indicating peak season in Panamá.
Lowest Revenue Month(?)
September
The month with the lowest average earnings, indicating the low season in Panamá.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
108
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Panamá (2025)

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 $4,451+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $3,204 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $2,038 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $1,201, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Panamá

Panamá Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Panamá STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Februarysees the highest demand (peak season occupancy), while March 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 89%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 80% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 65%.
  • Entry-level properties (Bottom 25%) average 45% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Panamá

Average Daily Rate (ADR) Airbnb Trends in Panamá (2025)

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 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 $201+ 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 $105 per night.
  • Entry-level properties (Bottom 25%) earn around $70 per night.

Average Daily Rate (ADR) Trend by Month in Panamá

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Airbnb Seasonality Analysis & Trends in Panamá (2025)

Peak Season (January, April, December)
  • Revenue averages $3,077 per month
  • Occupancy rates average 61.8%
  • Daily rates average $139
Shoulder Season
  • Revenue averages $2,538 per month
  • Occupancy maintains around 61.1%
  • Daily rates hold near $124
Low Season (August, September, October)
  • Revenue drops to average $1,820 per month
  • Occupancy decreases to average 60.2%
  • Daily rates adjust to average $102

Seasonality Insights for Panamá

  • The Airbnb seasonality in Panamá shows moderate seasonality with distinct peak and low periods. 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 Panamá's highest earning potential, with monthly revenues capable of climbing to $3,240, occupancy reaching a high of 65.3%, and ADRs peaking at $152.
  • 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 $1,663, occupancy could drop to 57.8%, and ADRs may adjust down to $101.
  • 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.
  • 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 Panamá seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Panamá (2025)

Exploring the top neighborhoods for short-term rentals in Panamá? 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 offering a rich cultural experience with colonial architecture, museums, and vibrant nightlife. A popular choice for tourists seeking a blend of history and modernity.
Panama Canal Museum, Plaza Francia, Metropolitan Natural Park, Cinta Costera, Presidential Palace
Punta Paitilla
Upscale neighborhood known for luxury apartments and stunning ocean views. Ideal for affluent travelers and expats looking for high-end accommodations.
Multicentro Mall, Paitilla Beach, Banco General Building, Jumbo Centro Comercial, Oceanía Mall
El Cangrejo
Evolving area popular among locals and tourists, known for its restaurants and nightlife. Offers a vibrant atmosphere and proximity to the city center.
Vía España, Café con Letras, Panama Jazz Festival, Omar Torrijos Park, Shopping centers
Costa del Este
Modern and upscale area with business centers, shopping malls, and residential complexes. Attracts corporate travelers and families looking for comfort and convenience.
Plaza Costa del Este, Costa del Este Park, Paseo del Mar, Town Center, Multiplaza Pacific Mall
San Francisco
Trendy neighborhood with a mix of residential and commercial areas, known for its diverse dining options and proximity to the coastline. Popular with young professionals.
Veneto Hotel Casino, Parque Omar, Shopping centers, Cinta Costera, Marbella Beach
Amador
Touristic area featuring a scenic causeway and beautiful views of the Panama City skyline, perfect for outdoor activities and attractions.
BioMuseo, Amador Causeway, Taboga Island, Frank Gehry's Biomuseo, Panama Canal Miraflores Locks
Balboa
Charming neighborhood near the Panama Canal, offering a mix of local culture and proximity to parks and museums. Great for travelers interested in history and nature.
Parque Natural Metropolitano, Parque de la Amistad, Panama Canal, Balboa Boutique Mall, Local markets
Chorrera
Growing suburban area just outside Panama City, offering more affordable options for families and longer-term stays. Known for its local culture and amenities.
Plaza Chorrera, Las Americas Mall, National Aquarium of Panama, Local cuisine restaurants, Parks and recreational areas

Understanding Airbnb License Requirements & STR Laws in Panamá (2025)

While Panamá, 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 Panamá to ensure full compliance before hosting.

(Source: AirROI data, 2025, finding no licensed listings among those analyzed)

Top Performing Airbnb Properties in Panamá (2025)

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.

w* | 3BR Duplex Penthouse With Private Pool

w* | 3BR Duplex Penthouse With Private Pool

Entire Place • 3 bedrooms

$153,102
Revenue
68.2%
Occupancy
$641.98
Daily Rate
Unique 4 room house - direct access to the beach

Unique 4 room house - direct access to the beach

Entire Place • 4 bedrooms

$117,799
Revenue
59.9%
Occupancy
$481.30
Daily Rate
Herrera: Simply Extraordinary

Herrera: Simply Extraordinary

Entire Place • 4 bedrooms

$74,574
Revenue
62.4%
Occupancy
$285.23
Daily Rate
Iconic double apartment with billar in front of th

Iconic double apartment with billar in front of th

Entire Place • 2 bedrooms

$68,534
Revenue
80.3%
Occupancy
$229.14
Daily Rate
w* | Amazing 2BR in Casco Viejo

w* | Amazing 2BR in Casco Viejo

Entire Place • 2 bedrooms

$63,580
Revenue
80.1%
Occupancy
$218.00
Daily Rate
w* | Modern 2BR in Casco Viejo

w* | Modern 2BR in Casco Viejo

Entire Place • 2 bedrooms

$61,768
Revenue
78.9%
Occupancy
$210.98
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 Panamá (2025)

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 NamePropertiesGrossing RevenueStay ReviewsAvg Rating
Juan29$1,062,67114004.49/5.0
Mauricio14$520,7804554.76/5.0
Isabel4$184,4592214.92/5.0
Israel5$160,3023064.84/5.0
AcoModo7$104,0511783.98/5.0
Gabriel8$103,0886834.73/5.0
María Alejandra5$98,8891624.77/5.0
Michael1$74,574404.90/5.0
Brittany4$66,9651251.24/5.0
Nessim2$57,1531064.95/5.0

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.

Dive Deeper: Advanced Panamá STR Market Data (2025)

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 Metrics

Panamá Short-Term Rental Market Composition (2025): Property & Room Types

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 88.9% of the 108 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 (82.4%), reflecting the local real estate landscape.
  • The presence of 6.5% Hotel/Boutique listings indicates integration with traditional hospitality.
  • Smaller segments like others (combined 2.8%) offer potential for unique stay experiences.

Panamá Airbnb Room Capacity Analysis (2025): 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 55.6% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 1 bedroom and 2 bedrooms properties represent 82.5% of the active Airbnb listings in Panamá, indicating a high concentration in these sizes.
  • With over half the market (55.6%) consisting of studios or 1-bedroom units, Panamá is particularly well-suited for individuals or couples.
  • Listings with 3+ bedrooms (9.3%) represent a smaller niche, potentially indicating an underserved market for larger group accommodations in Panamá.

Panamá Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Panamá

  • The most common guest capacity trend in Panamá vacation rentals is listings accommodating 2 guests (42.6%). This suggests the primary traveler segment is likely couples or solo travelers.
  • Properties designed for 2 guests and 4 guests dominate the Panamá STR market, accounting for 72.2% of listings.
  • A significant 42.6% of listings cater specifically to 1-2 guests, highlighting strong demand from couples and solo travelers in Panamá.
  • 15.7% 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 3.5 guests.

Panamá Airbnb Booking Patterns (2025): 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 37% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 33.3% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
  • For booked days, the 271-366 days range is most frequent in Panamá (33.3%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 66.6% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Panamá Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (75%)

1 Night

78 listings

75% of total

2 Nights (7.7%)

2 Nights

8 listings

7.7% of total

3 Nights (1%)

3 Nights

1 listings

1% of total

4-6 Nights (1%)

4-6 Nights

1 listings

1% of total

7-29 Nights (1%)

7-29 Nights

1 listings

1% of total

30+ Nights (14.4%)

30+ Nights

15 listings

14.4% of total

Key Insights

  • The most prevalent minimum stay requirement in Panamá is 1 Night, adopted by 75% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (82.7%) of the Panamá Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
  • A significant segment (14.4%) 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 75% of Panamá hosts use this setting.
  • Explore offering discounts for stays of 30+ nights to attract the 14.4% 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 (2025)

Flexible (8.9%)

Flexible

8 listings

8.9% of total

Moderate (48.9%)

Moderate

44 listings

48.9% of total

Firm (7.8%)

Firm

7 listings

7.8% of total

Strict (34.4%)

Strict

31 listings

34.4% of total

Cancellation Policy Insights for Panamá

  • The prevailing Airbnb cancellation policy trend in Panamá is Moderate, used by 48.9% of listings.
  • There's a relatively balanced mix between guest-friendly (57.8%) and stricter (42.2%) policies, offering choices for different guest needs.

Recommendations for Hosts

  • Consider adopting a Moderate policy to align with the 48.9% market standard in Panamá.
  • With 34.4% 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.

Panamá STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Panamá

  • The overall average booking lead time for vacation rentals in Panamá is 31 days.
  • Guests book furthest in advance for stays during January (average 44 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in August (average 21 days), indicating more last-minute travel plans during this time.
  • Seasonally, Winter (41 days avg.) sees the longest lead times, while Fall (24 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 Panamá.
  • For January stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 44 days out to capitalize on advance planning.
  • Target marketing efforts for the Winter season well in advance (at least 41 days) to capture early planners.
  • Monitor your own booking lead times against these Panamá averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Panamá (2025)

Amenity Prevalence

Amenity Insights for Panamá

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

Panamá 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 Panamá

  • The typical guest profile for Airbnb in Panamá consists of predominantly international visitors (88%), 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 12.4% of guests.
  • Key international markets include United States (49.6%) and Panama (12.4%).
  • Top languages spoken are English (46.9%) followed by Spanish (30.2%).
  • 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 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.

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%
Panama City29$2,369$152.7353%
Panamá100$2,252$153.1954%
Altos del Maria19$2,239$224.9734%
Panama City12$2,092$154.5046%
San Blas Islands32$2,023$375.7826%

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