There is no dearth of hotels and other accommodation options in Panama City. In fact, a large variety of hotels can be found in this city. From renovated colonial structures in the periphery to modern properties in the city centre, options are galore for travellers who seek a place to stay in the city. People may find the tariffs of luxury hotels in Panama City a bit steep as compared to other cities in Central America. However, cheap hotels are available as well. The Bristol and the Canal House are among the region's most luxurious and best known properties.