Explore the Central American gem of Panama -- selected by The New York Times as one of the top places to go in 2012 -- at a hotel that usually costs $435 per night.

This special at Bristol Buenaventura, one of the Leading Hotels of the World, cuts the nightly price to $169 for Monday-Thursday visits through Dec. 18 and the peak-season dates of Jan. 2 - Feb. 28. For $30 more per night, stay Fridays-Sundays.

The price includes a upgrade, based on availability at check-in, to a larger room overlooking the gardens, a welcome drink for two, a spa credit of $25 per room per stay (which covers some treatments like manicures and mens haircuts) and a guaranteed late checkout.

Other highlights of the resort include three pools (including a kids pool), an 18-hole championship golf course designed by Jack Nicklaus, three restaurants and three bars/lounges, and on-site arrangements for canopy rides, horseback riding, river-rafting or rappelling (fees apply).

Travelzoo Tip: Panama is an up-and-coming destination, known for its growth as well as its ecological focus and beauty.