Michelin Key hotels
in Panama
Panama has 4 hotels in the Michelin Guide's Key selection — 2 Two Keys and 2 One Key — across 3 places, led by Panama City with 2. 2 can be booked with points: 1 through World of Hyatt and 1 through ALL – Accor Live Limitless. The rest are cash-only independents, listed so the map is complete.
Isla Palenque
Nayara Bocas Del Toro
20k ptsHotel la Compañia Casco Antiguo
On pointsSofitel Legend Casco Viejo
Best value Michelin Key stays in Panama
Median points per night and cents-per-point value from AwardClaw's award tracking. Value is the cash rate divided by the points price, so higher is better; green means the redemption beats the program's usual value by a wide margin.
| Hotel | Keys | Program | Points / night | Value |
|---|---|---|---|---|
| Hotel la Compañia Casco Antiguo Panama City, Panama | Hyatt · The Unbound Collection by Hyatt | 20,000 | 1.6¢/pt |
Michelin Key hotels in Panama by city
3 places in Panama have at least one Key hotel. Cities with three or more get their own page.
Points programs with Key hotels in Panama
World of Hyatt
1The Unbound Collection by Hyatt 1
~1.7¢ per point · Chase Ultimate Rewards and Bilt Rewards transfer to World of Hyatt at 1:1, which is why Hyatt is the program most award travelers build around.
ALL – Accor Live Limitless
1Sofitel 1
fixed at 2¢ per point · Capital One and Citi ThankYou points transfer to ALL at 2:1.
Headline stays in Panama
- Isla PalenqueSan Lorenzo DistrictCash only
- Nayara Bocas Del ToroIsla FrangipaniCash only
Frequently asked questions
How many Michelin Key hotels are in Panama?
4: 2 Two Keys and 2 One Key. They are spread over 3 places; Panama City has the most with 2.
Which Michelin Key hotels in Panama can I book with points?
2 of the 4: Hotel la Compañia Casco Antiguo and Sofitel Legend Casco Viejo. By program: 1 through World of Hyatt and 1 through ALL – Accor Live Limitless.
What is the top-rated Michelin Key hotel in Panama?
Two Keys is the highest rating held in Panama, by Isla Palenque and Nayara Bocas Del Toro. None of them take points.
What is the cheapest Michelin Key hotel in Panama on points?
Hotel la Compañia Casco Antiguo in Panama City, at a median of about 20,000 World of Hyatt points a night — 1.6¢ per point against the cash rate.
Keep exploring
Michelin Key hotels directory
Every loyalty program, Key rating, country and city has its own page with points prices, value per point and a map.
Michelin Key hotels in Panama
- Isla Palenque — Two Keys, San Lorenzo District, Panama
- Nayara Bocas Del Toro — Two Keys, Isla Frangipani, Panama
- Hotel la Compañia Casco Antiguo — One Key, Panama City, Panama, bookable with Hyatt · The Unbound Collection by Hyatt, about 20,000 points a night
- Sofitel Legend Casco Viejo — One Key, Panama City, Panama, bookable with Accor ALL · Sofitel
Trademarks and sources
MICHELIN, the MICHELIN Guide, MICHELIN Key and the MICHELIN Key emblem are trademarks of Compagnie Générale des Établissements Michelin and its affiliates. They appear on this page only to identify the hotel distinctions awarded by the MICHELIN Guide, in a nominative and descriptive manner. AwardClaw is an independent publication and is not affiliated with, sponsored by, endorsed by or otherwise connected to Michelin. The hotel selection and Key ratings are published by the MICHELIN Guide at guide.michelin.com; consult it for the official and current selection.
World of Hyatt, Marriott Bonvoy, Hilton Honors, IHG One Rewards, ALL – Accor Live Limitless, Small Luxury Hotels of the World, Mr & Mrs Smith, Design Hotels and all hotel names are trademarks of their respective owners, and their appearance here does not imply endorsement. Hotel photographs are the property of the respective hotels and are shown for identification only. Points prices and cents-per-point values are AwardClaw's own observations and estimates; they move with dynamic pricing and are not statements by any loyalty program. Partner portfolios change, so confirm rates, award availability and program membership on the program's own site before transferring points.