# 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.

| Hotel | Typical night | After the $300 credit | Property credit | Promotion | Guest rating | Also in |
| --- | --- | --- | --- | --- | --- | --- |
| [W Panama](https://awardhack.com/hotels/w-panama) | $302 | $2 | $100 property credit |  | 8.7/10 (523) |  |
| [Sofitel Legend Casco Viejo, Panama](https://awardhack.com/hotels/sofitel-legend-casco-viejo-panama) | $305 | $5 | $100 food and beverage credit |  | 9.6/10 (1,289) | The Edit, Bilt |
| [Waldorf Astoria Panama](https://awardhack.com/hotels/waldorf-astoria-panama) | $330 | $30 | $100 property credit | 25% off the room rate on select rooms (book by August 15, 2027) | 9.0/10 (352) | Bilt |
| [Hotel La Compania, Panama](https://awardhack.com/hotels/hotel-la-compania-panama) | $350 | $50 | $100 property credit |  | 9.5/10 (815) | Bilt |
| [Hotel la Compania del Valle](https://awardhack.com/hotels/hotel-la-compania-del-valle) | $377 | $77 | $100 food and beverage credit |  | 10.0/10 (26) |  |
| [The Santa Maria Hotel, A Luxury Collection & Golf Resort](https://awardhack.com/hotels/the-santa-maria-hotel-a-luxury-collection-golf-resort) | $513 | $213 | $100 property credit |  | 9.4/10 (815) | The Edit |

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.

## 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).

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Source: https://awardhack.com/hotels/in/panama/panama-city/fhr | Updated 2026-11-13