Photo by Emily Burke

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7 Dec - 8 Dec
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12 Dec - 14 Dec
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Top hotels and accommodation in Caldera

Indoor spa tub
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
The price is AU$188
includes taxes & fees
8 Dec - 9 Dec
Horizonte Resort Hotel & Spa
Terrace/patio
Aranjuez Hotel & Suites

Aranjuez Hotel & Suites

3.5 star property
David Sur
9.2 out of 10, Wonderful, (759)
"The bed was amazing - great sleep."
Canada
shelley
Travelling for leisure
The price is AU$99
includes taxes & fees
14 Dec - 15 Dec
Aranjuez Hotel & Suites
Outdoor pool, pool umbrellas, pool loungers
Hotel Ciudad De David

Hotel Ciudad De David

3.5 star property
David
9.4 out of 10, Exceptional, (1001)
"It was the most comfortable bed I have encountered in my travels."
United States
Linda
Travelling solo
The price is AU$138
includes taxes & fees
4 Jan - 5 Jan 2026
Hotel Ciudad De David
Deluxe Room, 1 King Bed, Non Smoking, Mountain View
Hotel City Plaza & Suites

Hotel City Plaza & Suites

3.5 star property
David Sur
9.2 out of 10, Wonderful, (175)
"The hotel was very clean"
United States
Terry
Travelling for leisure
Hotel City Plaza & Suites
Exterior
Las cabañas del Francés

Las cabañas del Francés

3.0 star property
Alto Boquete
9.2 out of 10, Wonderful, (27)
"I really enjoyed my stay. Definitely would come back. "
United States
Abraham
Las cabañas del Francés
28-inch flat-screen TV with cable channels, smart speakers
Boquete Guest House Alto Boquete

Boquete Guest House Alto Boquete

3.0 star property
Alto Boquete
The price is AU$116
includes taxes & fees
8 Dec - 9 Dec
Boquete Guest House Alto Boquete
Tree House, Mountain View | View from room
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
The price is AU$375
includes taxes & fees
8 Dec - 9 Dec
Lucero - Luxury Treehouses
Front of property
Aires frescos de Boquete

Aires frescos de Boquete

2.0 star property
Alto Boquete
8.8 out of 10, Excellent, (3)
"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
The price is AU$85
includes taxes & fees
8 Dec - 9 Dec
Aires frescos de Boquete
Breakfast, lunch, dinner served; Spanish cuisine
Hotel Castilla

Hotel Castilla

3.0 star property
David
8.4 out of 10, Very good, (180)
"Everyone was nice and very helpful - the place was beautiful in old style Spanish. "
United States
Heather
Hotel Castilla
Restaurant
Los Abetos Boutique Hotel

Los Abetos Boutique Hotel

3.0 star property
Boquete
9.4 out of 10, Exceptional, (43)
"Hotel was stylish and clean, surrounded by a manicured grounds with chickens and bunnies."
United States
Theodore
Travelling for leisure
The price is AU$174
includes taxes & fees
10 Dec - 11 Dec
Los Abetos Boutique Hotel
Reception
Hotel Crown Mirage

Hotel Crown Mirage

2.0 star property
David Sur
9.0 out of 10, Wonderful, (4)
"I didn't have time for the pool, but it looked great. It's a cheap hotel, so it works well for short stays if you just need a place to sleep."
United States
Edumar
The price is AU$68
includes taxes & fees
8 Dec - 9 Dec
Hotel Crown Mirage
Exterior
Linda Vista Cabins

Linda Vista Cabins

3.0 star property
Alto Boquete
9.2 out of 10, Wonderful, (17)
"Property was the best local accommodation I have had in Panama. The host was outstanding. "
United States
Don
The price is AU$83
includes taxes & fees
1 Jan - 2 Jan 2026
Linda Vista Cabins
Exterior
Hampton by Hilton David

Hampton by Hilton David

3.0 star property
David Sur
9.2 out of 10, Wonderful, (483)
"It is a decent place to stay only because it is close to my mother in law's house"
United States
Jonathan
Travelling for leisure
The price is AU$151
includes taxes & fees
14 Dec - 15 Dec
Hampton by Hilton David
Garden view
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
The price is AU$76
includes taxes & fees
8 Dec - 9 Dec
MOMA Guest House
Outdoor pool, open 6:00 AM to 6:00 PM, pool umbrellas, pool loungers
Gran Hotel Nacional

Gran Hotel Nacional

3.0 star property
Barrio El Carmen
8.4 out of 10, Very good, (511)
"Best under rated 3 star hotel."
United States
Gregory
Gran Hotel Nacional
Outdoor pool, pool loungers
Los Establos Boutique Resort- All Inclusive

Los Establos Boutique Resort- All Inclusive

4.5 star property
Jaramillo
9.6 out of 10, Exceptional, (21)
"Very beautiful and special place."
United States
SVETLANA
The price is AU$832
includes taxes & fees
6 Jan - 7 Jan 2026
Los Establos Boutique Resort- All Inclusive
Triple Room, 1 King Bed with Sofa bed, Mountain View
Luxury Canyon Suites

Luxury Canyon Suites

2.0 star property
Alto Boquete
7.6 out of 10, Good, (4)
"New place, still developing "
United States
Amanda
The price is AU$235
includes taxes & fees
8 Dec - 9 Dec
Luxury Canyon Suites
43-inch Smart TV with digital channels
Casa Mate by Villa Alejandro

Casa Mate by Villa Alejandro

3.5 star property
Los Naranjos
The price is AU$131
includes taxes & fees
10 Dec - 11 Dec
Casa Mate by Villa Alejandro
Property entrance
Hotel Alcala

Hotel Alcala

3.0 star property
David
8.8 out of 10, Excellent, (191)
"Also they have a restaurant with very good food."
United States
Sharon
Travelling solo
The price is AU$75
includes taxes & fees
8 Dec - 9 Dec
Hotel Alcala
Honeymoon Studio, Hot Tub, Valley View
Villa Alejandro

Villa Alejandro

3.5 star property
Boquete
8.8 out of 10, Excellent, (129)
"We had a great room near the common kitchen area where we were designated cupboard and refrigerator space."
United States
Victor
Travelling with partner
Villa Alejandro
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Learn more about Caldera

Love spas and nature? Get away to Caldera!

See all hotels in 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

Recent Reviews in Caldera

Hotel Ciudad De David

Hotel Ciudad De David

10/10 Excellent
"Property is modern, clean, beautiful room, pleasant staff. Highly recommend. Colleen and Allan, Alberta, Canada"
Colleen 1-night trip
Posted 5 days ago
Hotel Ciudad De David

More cheap accommodation in Caldera

Bambuda Castle - Hostel

Bambuda Castle - Hostel

El Castillo, Calle Principal, El Santua Los Naranjos
The price is AU$181 per night from 8 Dec to 9 Dec
AU$181
8 Dec - 9 Dec
includes taxes & fees
9/10 Wonderful! (130 reviews)

Frequently asked questions

Where is the best place to stay in Caldera?
Located 16.1 mi (25.9 km) from the heart of Caldera, Hotel Ciudad De David is a top choice for your stay, based on our traveller data. Two other options for your trip to the area are Hampton by Hilton David and Villa Alejandro. See all available top hotels, or vacation rentals in Caldera.
What are some of the best holiday rentals that Caldera has to offer?
Casa Confortable y Natural en Boquete Panamá Para tus Vacaciones en Familia: This holiday home rental outside of Caldera is located on a river, and has a patio, a garden and a BBQ to put you at ease in your new surroundings. It has 4 bedrooms, as well as a kitchen with a fridge, a stovetop and a coffee maker, so that you can cook with friends or family. You can relax into your holiday with a selection of games and 1 hot tub. See all vacation rentals in Caldera.
If I need to cancel my hotel reservation in Caldera, will I receive a refund?
Yes! You'll find that most hotel reservations are fully refundable if you cancel prior to the hotel's cancellation deadline, which is often 24 or 48 hours before your arrival date. If you have a non-refundable reservation, it may still be possible to cancel it and receive a refund within a 24-hour period of booking. Filter your search by fully refundable to find flexible hotel deals in Caldera.
What's it like to stay in Caldera?
Visitors can enjoy all that Caldera has to offer, including the spas and parks. There are 239 hotels and other accommodation options in the surrounding area. Find out more about Caldera.
What should I see while I'm in Caldera?
Places to visit in the wider area include Boquete Library, Municipal Park and Boquete Tree Trek. You'll also find Sendero El Pianista and Finca Lérida Coffee Estate in the area. Take a look at what more there is to see and do in Expedia's Caldera guide.
What's the weather like in Caldera?
The hottest months are usually April and March, with an average temperature of 22°C, while the coldest months are January and December, with an average of 21°C. The rainiest months in Caldera are October, August, November and May, with each month seeing an average of 603 mm of rainfall.

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