Photo by Emily Burke

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Our top choices for Caldera hotels

Cabanas Rio Encantado

Cabanas Rio Encantado
3.0 star property
Caldera
9.4 out of 10, Exceptional, (40)
"This was our favorite place. Clean, gorgeous grounds, comfortable rooms, killer pool, riverside, very accommodating host. Love, love, love."
United States
Kristin
$102 nightly
The price is $113
Jan 13 - Jan 14, 2026
Total with taxes and fees
Cabanas Rio Encantado

Tree Trek Boquete Adventure Park

Tree Trek Boquete Adventure Park
3.0 star property
Los Naranjos
9.0 out of 10, Wonderful, (191)
"My husband and I had a great 3-night stay at Tree Trek, our first trip to the Boquete region and couldn’t have been happier with our stay. A special place that we enjoyed and would return. The Superman zipline, honey and rum tasting as well as the dining were all excellent. "
United States
Moki
$119 nightly
The price is $132
Jan 20 - Jan 21, 2026
Total with taxes and fees
Tree Trek Boquete Adventure Park

Hostal Victoria Volcán Chiriquí S. A.

Hostal Victoria Volcán Chiriquí S. A.
2.0 star property
Nueva California
8.8 out of 10, Excellent, (8)
"Hostal Victoria was a simple and down-to-earth Hostal. The entire staff were friendly, kind, and helpful. Good value for a budget place to stay. "
United States
John
Hostal Victoria Volcán Chiriquí S. A.

MOMA Guest House

MOMA Guest House
2.0 star property
Brisas de Alto Boquete
10.0 out of 10, Exceptional, (2)
"Me encantó. Repetiría la experiencia 💓"
Mexico
astrid
$41 nightly
The price is $46
Jan 4 - Jan 5, 2026
Total with taxes and fees
MOMA Guest House

Horizonte Resort Hotel & Spa

Horizonte Resort Hotel & Spa
3.5 star property
Gualaca
8.6 out of 10, Excellent, (130)
"The hotel has a great view of the entire country side, and while we were there, there might have 3/4 families that came into the facility "
United States
George
$93 nightly
The price is $102
Jan 15 - Jan 16, 2026
Total with taxes and fees
Horizonte Resort Hotel & Spa

Villa Alejandro

Villa Alejandro
3.5 star property
Boquete
8.8 out of 10, Excellent, (130)
"Priced right, easy walk to town, safe, quiet & overall great stay! "
United States
John
$77 nightly
The price is $86
Dec 26 - Dec 27
Total with taxes and fees
Villa Alejandro

Aires frescos de Boquete

Aires frescos de Boquete
2.0 star property
Alto Boquete
9.0 out of 10, Wonderful, (4)
"I stayed there for 13 nights during a move to Panama. A real nice family run business. It was a great experience. The property is very well kept and super clean. The staff was super friendly and very timely with any questions I had. I had a small efficiency and there is a nice grocery store one block away. Can’t say enough and I would certainly recommend AIRES FRESCO to my friends and family. "
United States
David
$52 nightly
The price is $57
Dec 28 - Dec 29
Total with taxes and fees
Aires frescos de Boquete

Boquete Guest House Alto Boquete

Boquete Guest House Alto Boquete
3.0 star property
Alto Boquete
$70 nightly
The price is $77
Dec 26 - Dec 27
Total with taxes and fees
Boquete Guest House Alto Boquete

Gran Hotel Nacional

Gran Hotel Nacional
3.0 star property
Barrio El Carmen
8.4 out of 10, Very Good, (512)
"Great place , to stay in David "
United States
Helge
$86 nightly
The price is $94
Dec 26 - Dec 27
Total with taxes and fees
Gran Hotel Nacional

Boquete Firefly Inn

Boquete Firefly Inn
3.0 star property
Los Naranjos
9.2 out of 10, Wonderful, (21)
"room was clean and spacious, beds were comfortable, "
United States
Debra
$80 nightly
The price is $89
Dec 26 - Dec 27
Total with taxes and fees
Boquete Firefly Inn

Buena Vista Boquete

Buena Vista Boquete
2.0 star property
Boquete
9.2 out of 10, Wonderful, (82)
"Very clean rooms, nice view,"
United States
Joe
Buena Vista Boquete

Peace N' Green

Peace N' Green
3.0 star property
David
$47 nightly
The price is $52
Dec 27 - Dec 28
Total with taxes and fees
Peace N' Green

Parkside Plazuela - Tranquility In Boquete 2 Bedroom Condo

Parkside Plazuela - Tranquility In Boquete 2 Bedroom Condo
3.0 star property
El Tropezón
$221 nightly
The price is $244
Dec 26 - Dec 27
Total with taxes and fees
Parkside Plazuela - Tranquility In Boquete 2 Bedroom Condo

Hacienda Los Molinos Boutique Hotel

Hacienda Los Molinos Boutique Hotel
3.5 star property
Alto Boquete
9.2 out of 10, Wonderful, (93)
"Beautiful, clean, amazing staff, and excellent food! "
United States
Wanda
$154 nightly
The price is $171
Jan 8 - Jan 9, 2026
Total with taxes and fees
Hacienda Los Molinos Boutique Hotel

La Residencia by Villa Alejandro

La Residencia by Villa Alejandro
2.5 star property
Jaramillo
8.4 out of 10, Very Good, (17)
"Incredibly well appointed and huge room. Outdoor tropical paradise. Indoor space is extensive and really accommodating. Contactless communication was effective and prompt."
United States
Earl
$93 nightly
The price is $103
Jan 4 - Jan 5, 2026
Total with taxes and fees
La Residencia by Villa Alejandro

Rio Verde by Villa Alejandro

Rio Verde by Villa Alejandro
2.5 star property
Los Naranjos
9.4 out of 10, Exceptional, (86)
"All was great here, especially the dound of the river at night.Staff was very helpful and out Virtual checkin and out was a breeze"
United States
Paul
$97 nightly
The price is $106
Jan 6 - Jan 7, 2026
Total with taxes and fees
Rio Verde by Villa Alejandro

Hotel Madrid Chiriqui

Hotel Madrid Chiriqui
2.5 star property
David
7.8 out of 10, Good, (16)
"The staff was friendly and nice. The hotel has a restaurant on site which is a plus. I came in from Bocas del Toro and had to catch a flight next morning. It was perfect for the overnight stay I needed. "
United States
Jadid
Hotel Madrid Chiriqui

Lucero - Luxury Treehouses

Lucero - Luxury Treehouses
3.5 star property
Jaramillo
8.6 out of 10, Excellent, (4)
"Print or save your map beforehand. Do not exit onto a gravel road! The property is located inside a golf community. The map on the listing is incorrect! As of October 2025 all maps including Google, Waze and Apple maps all have the wrong and remote location. The correct location is Lucero. We had a beautiful experience! Everyone was so pleasant and welcoming. We had an amazing stay!"
United States
John
$227 nightly
The price is $249
Dec 29 - Dec 30
Total with taxes and fees
Lucero - Luxury Treehouses

El Cielo by Villa Alejandro

El Cielo by Villa Alejandro
3.5 star property
Boquete
9.4 out of 10, Exceptional, (91)
"We stayed here for a week while in Boquete and already plan to stay here when we return in a few months. The accomodation was clean with a well-stocked kitchen. The location is perfect to walk around the wonderful shops and restaurants in Boquete. The management team was very responsive to questions, ect. The accomodation is bright and airy and is perfect for short and long-term stays. We cannot recommend El Cielo enough!"
United States
Susan
$114 nightly
The price is $125
Jan 4 - Jan 5, 2026
Total with taxes and fees
El Cielo by Villa Alejandro

Hostal Boquete

Hostal Boquete
2.0 star property
Boquete
8.4 out of 10, Very Good, (40)
"Close to restaurants. On the river. "
United States
Manfred
$45 nightly
The price is $50
Dec 26 - Dec 27
Total with taxes and fees
Hostal Boquete
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Learn more about Caldera

Love spas and nature? Get away to Caldera!

This rad quiet place near Boquete Panama was a hidden gem!  Nobody there but my friend and I and two locals that brought us to this paradise! So amazing!!
Photo by Emily Burke
Open Photo by Emily Burke

Top Caldera Hotel Reviews

More cheap stays in Caldera

Frequently asked questions

When is the best time to go to Caldera?
The most popular time to visit Caldera is February. During this month, the weather is pleasantly warm, with average temperatures around 70°F. This makes it an ideal time for outdoor activities, such as hiking and exploring the scenic coastline, as well as enjoying the vibrant local culture.

The peak tourist season runs from January to March, attracting visitors eager to soak up the sun and partake in various local festivals. These months are great for those who appreciate bustling atmospheres and engaging community events. With the pleasant climate, you can comfortably explore Caldera's stunning landscapes, enjoy beachside activities, or take part in guided tours that showcase the region's unique charm.

For those seeking a quieter experience while still enjoying good weather, consider visiting in June. This month offers a lovely backdrop for relaxation and exploration, often at a more affordable price. You can still partake in outdoor adventures without the crowds, allowing for a more intimate experience of Caldera's beauty.
Can I cancel my hotel reservation on Expedia?
You can cancel your hotel reservation on Expedia, though it depends on the cancellation policy of your booking. Most bookings are refundable if canceled within 24-48 hours of the scheduled arrival. Be sure to check your booking confirmation for the exact cancellation policy. If free cancellation is available, you can cancel directly through your Expedia account by logging in, going to "My Trips", and selecting your reservation. To find flexible deals, filter your search by "Fully refundable property" for hotels in Caldera.
How can I save on a Caldera hotel booking with Expedia?
One Key™ - Expedia's free travel rewards program - gives you instant access to perks and Member Prices on Caldera hotels. Plus, you'll earn OneKeyCash™* on eligible bookings to use on future trips. Booking an Expedia hotel and flight package is another great way to save, where bundling can result in significant savings.

*OneKeyCash is not redeemable for cash and can only be used on Expedia, Hotels.com and Vrbo.
How much is the nightly rate at a Caldera hotel?
Prices for hotels in Caldera often vary, but you can find a great deal from $35 on Expedia. All sorts of factors affect price, such as the time of year or the days of the week you choose for your stay. Find the best deals by being flexible with your dates, and sort search results by "Price: low to high" for the cheapest rate.

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