We experienced Panama City as a great travel destination. The city is very modern with fancy restaurants, nice roof top bars, and very clean. The gay night life is interesting, but focuses mostly on the weekends.
Many of the local latino guys are very interested in meeting tourists.
Where to stay in Panama?
Around Calle Uruguay is a nice area to stay in the modern part of the city. There are fancy bars, clubs and restaurants to visit daily.
The Casco Viejo is the old town, and is very relaxing, here are also many restaurants and terraces. Many of the old buildings are still waiting for restoration (badly),there are only few hotels yet.
Panama City has about 4 gay clubs and a gay sauna / bathhouse, and several mixed and gay friendly places. The gay nightlife is mostly focussed on Friday and Saturday, 1 regular club has a gay night on Wednesday.
Addresses in Panama are usually descriptive, they usually don't have house numbers, but refer to an intersection or describe some more popular building behind it. Sometimes it can be hard explaining the location you want to go to a taxi driver, so prepare and write the address.
Many guys from Panama are not openly gay, some prefer to go to the gay friendly places.
Before going somewhere make sure to check if the place is still open. In Panama venues tend to change owners rapidly.