updated 2/16/2010 8:47:38 AM ET 2010-02-16T13:47:38

The Real Deal: Round-trip airfare on American Airlines to Panama City; a round-trip flight between Panama City and Bocas del Toro; two nights at the 107-room Gamboa Rainforest Resort in Soberania National Park, three nights at the Hotel Vista Mar in Bocas del Toro, and two nights at the 159-room Country Inn and Suites by Carlson Panama Canal in Panama City; breakfast daily; and airport-hotel transfers by private car or shuttle, from $989 per person—including hotel taxes, airport taxes, and fuel surcharges.

When:
Through March 31. The starting rate is based on Mar. 12 departures; rates for departures on other days may vary slightly.

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Gateways: Miami; add $135 for Atlanta, New York City; $148 for Chicago; $201 for L.A.; $262 for Denver; $297 for Seattle; additional gateways available.

The fine print: Based on double occupancy; single supplement is $468. Read these guidelines before you book any Real Deal.

Book by: Feb. 28.

Contact: Latin Destinations, 866/645-2846, latindestinations.com.

Why it's a deal: According to a recent search on Kayak, the lowest round-trip fare between Miami and Panama City is $217, with taxes, for travel in mid-March (American). For an additional $772, this Latin Destinations package covers the airfare, as well as a round-trip local flight, seven nights' accommodations, breakfast daily, round-trip airport-hotel transfers, fuel surcharges, airport taxes, and hotel taxes.

More: Optional activities include the following half-day tours: Monkey Island boat tour in Soberania National Park ($35); an excursion to Dolphin Bay, Coral Cay, and Red Frog Beach in Bocas del Toro ($36); and a tour of Panama City and the Panama Canal ($57). All prices are per person based on two participants. Extend your stay in Panama City, starting at $73 per person per night at the Country Inn & Suites.

Copyright © 2012 Newsweek Budget Travel, Inc.

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