Hotel Raya
Although some visitors say it's resting on past laurels and is in need of renovations, Raya is perfectly in keeping with the elite style of Panarea—discreet and expensive, with a pool and terrace that enjoy views over the sea toward Stromboli. Public areas, including an open-air rooftop restaurant, are right on the port. Guest rooms occupy separate areas higher up the hill, with serene sea views from their balconies and a Moorish-inspired design to create a calm retreat.