Photo by Emily Burke

Caldera Hotels

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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
The price is P6,071
P6,678 total
includes taxes & fees
Jan 13 - Jan 14
Cabanas Rio Encantado

ONDA Boquete

ONDA Boquete
3.0 star property
Boquete
8.8 out of 10, Excellent, (38)
"Staff was great; such a fun place to stay! "
United States
Deborah
ONDA Boquete

Aranjuez Hotel & Suites

Aranjuez Hotel & Suites
3.5 star property
David Sur
9.2 out of 10, Wonderful, (778)
"Spacious room and clean rooms. Delicious breakfast, friendly staff"
United States
Tyeesha
The price is P4,217
P4,639 total
includes taxes & fees
Feb 7 - Feb 8
Aranjuez Hotel & Suites

Horizonte Resort Hotel & Spa

Horizonte Resort Hotel & Spa
3.5 star property
Gualaca
8.6 out of 10, Excellent, (131)
"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 P5,489
P6,037 total
includes taxes & fees
Feb 7 - Feb 8
Horizonte Resort Hotel & Spa

Hotel Ciudad De David

Hotel Ciudad De David
3.5 star property
David
9.4 out of 10, Exceptional, (1002)
"This hotel was excellent. We highly recommend it. "
Canada
Chimene
The price is P4,455
P4,900 total
includes taxes & fees
Jan 23 - Jan 24
Hotel Ciudad De David

Hampton by Hilton David

Hampton by Hilton David
3.0 star property
David Sur
9.2 out of 10, Wonderful, (500)
"entire stay was superb. Location, quality of staff, decor, entertainment, great beds."
United States
Richard
The price is P4,805
P5,286 total
includes taxes & fees
Feb 7 - Feb 8
Hampton by Hilton David

Hotel City Plaza & Suites

Hotel City Plaza & Suites
3.5 star property
David Sur
9.2 out of 10, Wonderful, (184)
"My room was small, but very. The hotel is clean, and the staff are very nice and helpful."
United States
queen victoria
Hotel City Plaza & Suites

Hotel Castilla

Hotel Castilla
3.0 star property
David
8.4 out of 10, Very Good, (185)
"Room was clean , only stayed one night But the restaurant was very good. Had a wonderful meal in the evening and a good breakfast at checkout. "
United States
JOSE
Hotel Castilla

Gran Hotel Nacional

Gran Hotel Nacional
3.0 star property
Barrio El Carmen
8.4 out of 10, Very Good, (514)
"Great place , to stay in David "
United States
Helge
Gran Hotel Nacional

Hacienda Los Molinos Boutique Hotel

Hacienda Los Molinos Boutique Hotel
3.5 star property
Alto Boquete
9.2 out of 10, Wonderful, (94)
"Beautiful, clean, amazing staff, and excellent food! "
United States
Wanda
The price is P11,720
P12,892 total
includes taxes & fees
Feb 8 - Feb 9
Hacienda Los Molinos Boutique Hotel

Tree Trek Boquete Adventure Park

Tree Trek Boquete Adventure Park
3.0 star property
Los Naranjos
9.0 out of 10, Wonderful, (193)
"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
The price is P7,301
P8,032 total
includes taxes & fees
Jan 19 - Jan 20
Tree Trek Boquete Adventure Park

Hotel Rebequet

Hotel Rebequet
3.0 star property
El Tropezón
8.6 out of 10, Excellent, (83)
"Great place to stay! Very clean and comfortable and the staff are very helpful and friendly. We really like this place."
United States
Jennifer
The price is P4,976
P5,474 total
includes taxes & fees
Jan 19 - Jan 20
Hotel Rebequet

Rio Verde by Villa Alejandro

Rio Verde by Villa Alejandro
2.5 star property
Los Naranjos
9.4 out of 10, Exceptional, (87)
"All was excellent here"
United States
Paul
Rio Verde by Villa Alejandro

Buena Vista Boquete

Buena Vista Boquete
2.0 star property
Boquete
9.2 out of 10, Wonderful, (83)
"Very clean rooms, nice view,"
United States
Joe
Buena Vista Boquete

Boquete Garden Inn Hotel

Boquete Garden Inn Hotel
3.5 star property
Los Naranjos
9.6 out of 10, Exceptional, (300)
"Enjoyed our stay"
United States
Angelita
The price is P7,592
P8,351 total
includes taxes & fees
Feb 2 - Feb 3
Boquete Garden Inn Hotel

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 P19,910
P21,901 total
includes taxes & fees
Jan 19 - Jan 20
Lucero - Luxury Treehouses

Boquete Guest House Alto Boquete

Boquete Guest House Alto Boquete
3.0 star property
Alto Boquete
The price is P4,143
P4,558 total
includes taxes & fees
Feb 8 - Feb 9
Boquete Guest House Alto Boquete

Villa Alejandro

Villa Alejandro
3.5 star property
Boquete
8.6 out of 10, Excellent, (131)
"Very clean room and very quiet. WiFi is great and I really enjoyed having free parking right beside the building. The staff made sure I checked in ok as there was self check in."
United States
Rico
Villa Alejandro

El Oasis Hotel y Restaurante

El Oasis Hotel y Restaurante
3.0 star property
Jaramillo
8.6 out of 10, Excellent, (76)
"Breakfast was amazing as was the staff "
United States
allaire
The price is P5,327
P5,860 total
includes taxes & fees
Jan 11 - Jan 12
El Oasis Hotel y Restaurante

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 P34,380
P39,239 total
includes taxes & fees
Jan 16 - Jan 17
Los Establos Boutique Resort- All Inclusive
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!

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

Where is the best place to stay in Caldera?
Based on our traveler data, Cabanas Rio Encantado is one of the top choices for your stay. This cabin offers an outdoor pool and free parking. Two other options for your visit to the area are Aranjuez Hotel & Suites and Hotel Ciudad De David. See all available top hotels, or vacation rentals in Caldera.
If I need to cancel my hotel reservation in Caldera, will I receive a refund?
Yes, the majority of hotel bookings are refundable if you cancel prior to the hotel's cancellation deadline, which is usually within 24-48 hours of your arrival date. If you have a non-refundable reservation, it may still be possible to cancel it and receive a refund within 24 hours 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 236 hotels and other accommodations in the surrounding area. Find out more about Caldera.
What should I do while I'm visiting Caldera?
Places to visit in the wider area include Boquete Library, Municipal Park, and Boquete Tree Trek. You'll also find Finca Lérida Coffee Estate and Plaza El Terronal in the area. Check out what more to see and do in Expedia's Caldera guide.
What's the seasonal weather like in Caldera?
The hottest months are usually April and March with an average temp of 71°F, while the coldest months are January and December with an average of 70°F. The rainiest months in Caldera are October, August, November, and May, with each month seeing an average of 24 inches of rainfall.