5 Things To Know Before Booking Hotel La Compañía Casco Antiguo in Panama City, Panama

The author stayed as an invited guest of Hotel La Compañía Casco Antiguo and Copa Airlines. All opinions are the author’s own, and neither the hotel nor its parent company had no input in this article.

If you’re looking for a hotel in Panama that combines historic architecture with modern design and amenities, look no further than Hotel La Compañía Casco Antiguo in Panama City.

Hotel La Compañía Casco Antiguo is in the Casco Antiguo (historic) section of Panama City, just over 15 miles from Tocumen International Airport (PTY) and less than an hour to the Miraflores Locks on the Panama Canal, the country’s most famous attraction. It’s a great option if you’d like to experience a luxurious hotel that is convenient for many activities.

This independently owned hotel, which opened in 2022, is a unique property with personality. You may be surprised that it’s part of Hyatt and can be booked with World of Hyatt points.

I spent 3 nights at Hotel La Compañía Casco Antiguo in June 2025 and thoroughly enjoyed the property. However, there are some things you should know before booking — let’s jump into the details.

1. It Can Be Booked With World of Hyatt Points

One of the best things about Hotel La Compañía Casco Antiguo is that it’s part of Hyatt’s Unbound Collection and can be booked with World of Hyatt points. It’s a Category 5 hotel that costs 17,000 (off-peak), 20,000 (standard), or 23,000 (peak) points per night.

If you’re paying cash, rooms start around $300 per night before taxes. If you go this route, the best credit card options would be The World of Hyatt Credit Card or the World of Hyatt Business Credit Card, which earn 4 points per dollar on Hyatt purchases.

The World of Hyatt Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The World of Hyatt card offers a fast track to Hyatt elite status, an annual free night, and up to 9x points per $1 on Hyatt stays.

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The World of Hyatt Credit Card

The World of Hyatt card offers a fast track to Hyatt elite status, an annual free night, and up to 9x points per $1 on Hyatt stays.

Welcome Offer

Earn 2 Free Nights after you spend $4,000 on purchases in the first 3 months from account opening. Plus, earn 25,000 Bonus Points after you spend $12,000 on purchases in the first 6 months from account opening.

2 Free Nights and 25K points

UP's Offer Valuation*:

$825

Annual Fee

$95

APR

19.99% - 28.49% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

The World of Hyatt Credit Card makes your Hyatt stays more rewarding and helps you get coveted World of Hyatt elite status faster. This card is a must-have for any traveler who regularly stays at Hyatt hotels, or even for anyone who’s able to take advantage of the card’s annual free night certificate.

When you factor in all the benefits the World of Hyatt card offers, it’s easy to see why it is one of the best co-branded hotel credit cards on the market.

Pros & Cons

Pros

• Up to 9 points total for Hyatt stays – 4 Bonus Points per $1 spent on qualified purchases at Hyatt hotels & up to 5 Base Points per $1 from Hyatt as a World of Hyatt member
• 2x points per $1 at restaurants, on airline tickets purchased directly from the airline, local transit, rideshares, and fitness clubs/gym memberships
• 1x point per $1 on all other purchases

Cons

• $95 annual fee

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Card Highlights

• Earn 2 Free Nights after you spend $4,000 on purchases in the first 3 months from account opening. Plus, earn 25,000 Bonus Points after you spend $12,000 on purchases in the first 6 months from account opening.
• Enjoy complimentary World of Hyatt Discoverist status for as long as your account is open.
• Get 1 free night each year after your Cardmember anniversary at any Category 1-4 Hyatt hotel or resort
• Receive 5 tier qualifying night credits towards status after account opening, and each year after that for as long as your account is open
• Earn an extra free night at any Category 1-4 Hyatt hotel if you spend $15,000 in a calendar year
• Earn 2 qualifying night credits towards tier status every time you spend $5,000 on your card
• Earn up to 9 points total for Hyatt stays – 4 Bonus Points per $1 spent on qualified purchases at Hyatt hotels & up to 5 Base Points per $1 from Hyatt as a World of Hyatt member
• Earn 2 Bonus Points per $1 spent at restaurants, on airline tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships
• Member FDIC

Financial Snapshot

• APR: 19.99% - 28.49% Variable
• Foreign Transaction Fees: None

Rewards Center

World of Hyatt

Hyatt’s presence in Panama is small but has grown recently, with 2 new hotels that opened earlier in 2025. However, there are still just 6 Hyatt hotels in the country:

• Amarla Boutique Hotel Casco Viejo (Mr and Mrs Smith)
• Dreams Playa Bonita Panama (Category B)
• Hotel La Compañía Casco Antiguo (Category 5)
• Hotel La Compañía de Valle (Category 5)
• Hyatt Regency Panama City (Category 3)
• Sansara Surf & Yoga Resort (Mr and Mrs Smith)

It’s also bookable through Amex Fine Hotels + Resorts (FHR). When you book an FHR hotel through AmexTravel.com, you’re eligible for guaranteed 4 pm late checkout, a $100 property credit, a room upgrade, and complimentary breakfast for 2.

This hotel would also be an excellent option for the up to $200 prepaid hotel credit on The Platinum Card^® from American Express.

2. It’s a Copa Airlines Stopover Program Partner Hotel

Copa Airlines is based in Panama City and offers a stopover program to allow passengers to experience the city on an extended layover (24 hours up to 7 days) for no additional airfare.

Even better, Copa partners with select hotels, restaurants, and tour operators to offer discounts and special perks to stopover passengers.

Hotel La Compañía Casco Antiguo offers a complimentary breakfast at El Santuario for up to 2 guests who book as part of the stopover program. In addition, you can take advantage of these perks at the hotel’s restaurants and bars:

• A tequila and mezcal tasting at Hari’s with the purchase of an entree or appetizer
• Craft beer tasting at American Bazaar with the purchase of an entree or appetizer
• Personalized gin and tonic at Capella Rooftop when ordering an entree or appetizer
• A signature welcome cocktail at Luigi’s when ordering an entree or appetizer

3. It Has a Sister Hotel 2 Hours Away

To get the full Panama experience, you might want to spend a few days in the countryside in addition to your time in Panama City. Luckily, Hotel La Compañía Casco Antiguo has a sister hotel called Hotel La Compañía del Valle (also part of Hyatt’s Unbound Collection), located just over 2 hours away.

You can easily spend a couple of nights at each location; packages with transportation between the 2 hotels included are available.

Unfortunately, I didn’t have time to stay at Hotel La Compañía del Valle on this trip. However, I learned it was getting ready to debut a brand new 18,000-square-foot spa that looks amazing, so I think I need to find an excuse to return.

4. It Oozes History, but With a Modern Touch

I was genuinely surprised when I walked in the front door of Hotel La Compañía Casco Antiguo. It was an elegant space that seamlessly combined modern aesthetics with historical beauty.

I learned that the hotel comprises 3 wings, each with its own style.

The French Colonial wing dates back to 1739. The Spanish Colonial wing is the oldest section, dating back to 1688. The most modern architecture can be found in the American Beaux Arts wing, which dates back to 1904.

My room in the French wing was a gorgeous mix of modern and historic decor (hello, stone wall). My king bed was superbly comfortable, and I slept like a baby.

I loved that my Juliet balcony overlooked the lush courtyard.

The bathroom had double sinks, a spacious shower, and a beautiful stone accent wall.

I love open-concept closets in hotels, and this one was convenient. It had a mirror and space to lay out my suitcase.

There was even a small desk that could be used to get some work done.

5. There Are Lots of Dining Options

There are 5 restaurants, 2 bars, and a grab-and-go coffee shop at Hotel La Compañía.

1739: As the hotel’s signature restaurant, 1739 served French-inspired cuisine Monday through Saturday from 6 to 10:30 p.m. Be sure to check out the wine cellar, which is home to over 1,800 bottles.

American Bazaar: Located in a 1904 storefront (and featuring historic artifacts from the era), this restaurant serves American favorites daily from 11:30 a.m. to 11:30 p.m.

Capella Rooftop: This rooftop bar, located just up the stairs from the pool deck, is open daily from 6 p.m. to midnight.

El Santuario: If you’re looking for breakfast, you’ll find it here. This restaurant serves breakfast from 6:30 to 10:00 a.m. and lunch and dinner from 11:30 a.m. to 10:30 p.m. daily.

Exilio Bar: The hotel’s lobby bar, which has a monastic history that dates back to the 18th century, is open daily from 11:30 a.m. to 1 a.m.

Hari’s: This colorful restaurant is open from 6 p.m. to 1 a.m. Tuesday through Sunday and combines Mexican and Peruvian cuisines for a vibrant experience.

La Panadería: Open 6:30 a.m. to 6:30 p.m. daily, this is the hotel’s grab-and-go coffee and snack bar.

Luigi’s: This Italian restaurant serves classic, yet exquisitely prepared dishes daily from 11:30 a.m. to 10:30 p.m.

Final Thoughts

Hotel La Compañía Casco Antiguo is an elegantly appointed hotel that seamlessly blends Panama’s history with modern amenities. Even better, it’s part of Hyatt’s Unbound Collection, so you can earn and use World of Hyatt points there.