Hotel Magnolia Inn, Casco Viejo in Penonome

Set in a Colonial-style house in the historic Casco Viejo district, this charming hostel is a 4-minute walk from the National Theatre of Panama and 2 km from the Pan-American Highway.Simple dorms have free Wi-Fi, ceiling fans, lockers and shared bathrooms. Upgraded dorms add en suite facilities and/or air-conditioning; 1 is set in an airy, grand hall with 2 balconies, a piano and a living area. Quaint private rooms are individually decorated. Some have tea and coffeemakers, flat-screen TVs, sofas and/or minifridges; 1 has a private bathroom.Amenities include a communal kitchen and a relaxed dining room.