This ever-expanding hostel chain, which has properties in Panama City's Casco Viejo and on Playa Venao in Península de Azuero, has a mammoth turquoise 196-bed property on the waterfront with something for everybody. Choose from a rock-bottom bunk in a dorm with 12 beds to a deluxe double with balcony on the top floor (room 312 or 313).
You can swim in azure waters directly from the two-level waterfront deck, watch films in the video room, enjoy a drink at the open-air bar or order the meal of the day at the restaurant. There's also a common kitchen for guests' use. An in-house travel agency rents equipment and organizes excursions and there are water taxi departures to Red Frog.