A beach with a palm tree, calm water, and a forested hillside.

Find 5 Star Hotels in Panamá Beach from SAR 1,250

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Our top choices for Panamá Beach 5-star hotels

1. Waldorf Astoria Costa Rica Punta Cacique

Waldorf Astoria Costa Rica Punta Cacique
5.0 star property
Sardinal
8.8 out of 10, Excellent, (25 reviews)
"Beautiful"
United States
Kristoffer
The price is SAR 2,591
SAR 3,280 total
includes taxes & fees
17 Aug - 18 Aug
Waldorf Astoria Costa Rica Punta Cacique

2. W Costa Rica - Reserva Conchal

W Costa Rica - Reserva Conchal
5.0 star property
Cabo Velas
9.2 out of 10, Wonderful, (386 reviews)
"Amazing hotel and service"
United States
Artur
The price is SAR 1,836
SAR 2,224 total
includes taxes & fees
31 Aug - 1 Sep
W Costa Rica - Reserva Conchal

3. Four Seasons Resort Peninsula Papagayo, Costa Rica

Four Seasons Resort Peninsula Papagayo, Costa Rica
5.0 star property
Nacascolo
9.6 out of 10, Exceptional, (258 reviews)
"Amazing resort! Staff was super attentive, friendly and really went out of their way to make a memorable trip! The restaurants were all exceptional too. "
United States
Kenneth
The price is SAR 3,943
SAR 4,991 total
includes taxes & fees
25 Aug - 26 Aug
Four Seasons Resort Peninsula Papagayo, Costa Rica

4. Nekajui Peninsula Papagayo, a Ritz-Carlton Reserve

Nekajui Peninsula Papagayo, a Ritz-Carlton Reserve
5.0 star property
Nacascolo
9.4 out of 10, Exceptional, (24 reviews)
"Excellent stay overall. Quality hotel and services. Pricey but worth the experience if you can afford it"
United States
Daykel
The price is SAR 4,056
SAR 5,325 total
includes taxes & fees
2 Sep - 3 Sep
Nekajui Peninsula Papagayo, a Ritz-Carlton Reserve

5. Marina Flamingo

Marina Flamingo
5.0 star property
Cabo Velas
9.6 out of 10, Exceptional, (71 reviews)
" Clean room, good service "
United States
Carolina
The price is SAR 1,955
SAR 2,209 total
includes taxes & fees
3 Sep - 4 Sep
Marina Flamingo

6. Nekajui Peninsula Papagayo, a Ritz-Carlton Reserve Residence

Nekajui Peninsula Papagayo, a Ritz-Carlton Reserve Residence
5.0 star property
Papagayo
The price is SAR 30,045
SAR 35,809 total
includes taxes & fees
4 Aug - 5 Aug
Nekajui Peninsula Papagayo, a Ritz-Carlton Reserve Residence

7. Reserva Conchal Beach Resort, Golf & Spa

Reserva Conchal Beach Resort, Golf & Spa
5.0 star property
Cabo Velas
8.4 out of 10, Very Good, (131 reviews)
"Liked the Property but I was entertaining 3 Friends early for one night before our weeks Condo. stay, the bathroom tub was so discusting I have a picture, The worse was the phone line did not work and we were cut off from all communication. When a neighbor heard of the problem called from her cell, they then said they were not coming that night Friday, but will be there 9am Sat. am I let them know we were checking out at 11 so do not come at 9am. We were then stuck with out communication, I...
United States
H.Scott
Reserva Conchal Beach Resort, Golf & Spa

8. Villa Cielomar - Costa Rica

Villa Cielomar - Costa Rica
5.0 star property
Nacascolo
Villa Cielomar - Costa Rica
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Learn more about Panamá Beach

Golden sands meet turquoise waters at Playa Panamá, where snorkeling reveals colorful fish just offshore during morning hours. Nearby beach restaurants serve fresh seafood while local guides offer boat tours to hidden coves along the Papagayo Peninsula.

A beach with a palm tree, calm water, and a forested hillside.

Top Panamá Beach Hotel Reviews

Frequently asked questions

What are the best 5-star hotels in Panamá Beach?
If you're looking for a 5-star experience, Four Seasons Resort Costa Rica at Peninsula Papagayo offers one of the best of them based on Expedia traveler reviews. Choose this Panamá Beach getaway and you'll get impeccable service, premium guest rooms and world-class amenities.
How much does it cost to stay in a 5-star hotel in Panamá Beach?
The amount you pay for a 5-star hotel in Panamá Beach can vary depending on what time of year you travel and how long you plan to stay, among several factors. Take advantage of our price per night filter and other search tools to find the best rate on a high-end stay.

  • Search for the lowest price per night from SAR 1,250

What makes a hotel 5 stars in Panamá Beach?
In Panamá Beach, a hotel needs to provide a specific level of upscale features to earn 5 stars. These can include gourmet restaurants, on-site gyms, saunas and spas, complimentary luxury toiletries, premium bedding and more. What also sets 5-star hotels apart is their guest-focused standard of service. You can expect things like in-room massages, concierge services and nightly turn-down services. Some may also offer thoughtful touches such as welcome gifts.