Amex FHR hotels in Panama City
Panama City has 6 Amex Fine Hotels + Resorts (FHR) hotels. With the Amex Platinum's $300 hotel credit, the lowest estimated cost is at W Panama: one typical night is $302, or $2 after the credit.
Lowest cost after the credit
W Panama
$2for 1 night
$302 a night, minus the $300 hotel credit
Every FHR hotel in Panama City
| Hotel | After $300 credit |
|---|---|
| W Panama $302 typical night 8.7/10 (523) 路 $100 property credit | $2 |
| Sofitel Legend Casco Viejo, Panama $305 typical night 9.6/10 (1,289) 路 $100 food and beverage credit Also in The Edit, Bilt | $5 |
| Waldorf Astoria Panama $330 typical night 9.0/10 (352) 路 $100 property credit 25% off the room rate on select rooms (book by August 15, 2027) Also in Bilt | $30 |
| Hotel La Compania, Panama $350 typical night 9.5/10 (815) 路 $100 property credit Also in Bilt | $50 |
| Hotel la Compania del Valle $377 typical night 10.0/10 (26) 路 $100 food and beverage credit | $77 |
| The Santa Maria Hotel, A Luxury Collection & Golf Resort $513 typical night 9.4/10 (815) 路 $100 property credit Also in The Edit | $213 |
Typical night is the median nightly rate we track for the next 12 months, before taxes, as of November 2026. Estimates assume the credit is unused. Sign in on a hotel's page for its cheapest nights. See them on a map
How the $300 hotel credit works
- The Platinum Card from American Express gives up to $300 back from January to June and another $300 from July to December on prepaid Fine Hotels + Resorts or Hotel Collection bookings made through Amex Travel.
- FHR has no minimum stay, so a single night can use the whole $300.
- Unused credit doesn't roll over to the next half of the year.
- Every stay includes daily breakfast for two, a property credit of $100 or more, a room upgrade and noon check-in when available, and guaranteed 4 p.m. checkout.
Frequently asked questions
What's the cheapest FHR hotel in Panama City?
By typical nightly price before taxes, the lowest-cost FHR stays in Panama City are W Panama ($302 a night, $2 for one night after the $300 hotel credit), Sofitel Legend Casco Viejo, Panama ($305 a night, $5 for one night after the $300 hotel credit) and Waldorf Astoria Panama ($330 a night, $30 for one night after the $300 hotel credit). Prices change daily, so check the hotel's calendar before you book.
How does the $300 hotel credit work at Panama City hotels?
The Platinum Card from American Express gives up to $300 back from January to June and another $300 from July to December on prepaid Fine Hotels + Resorts or Hotel Collection bookings made through Amex Travel. FHR has no minimum stay, so a single night can use the whole $300. Unused credit doesn't roll over to the next half of the year.
Which Panama City FHR hotels are also in other programs?
4 of the 6 are also in another program: Sofitel Legend Casco Viejo, Panama (The Edit, Bilt), Waldorf Astoria Panama (Bilt), Hotel La Compania, Panama (Bilt) and The Santa Maria Hotel, A Luxury Collection & Golf Resort (The Edit). Book through whichever program's card credit you haven't used yet.
What do FHR hotels in Panama City include?
Stays include daily breakfast for two, a property credit of $100 or more, a room upgrade and noon check-in when available, and guaranteed 4 p.m. checkout. 1 hotel also has a promotion now, such as Waldorf Astoria Panama: 25% off the room rate on select rooms (book by August 15, 2027).