Colombia is the only country in South America with coastlines on both the North Pacific Ocean and Caribbean Sea. Lying to the south of Panama, Colombia controls the land access between Central and South America. With Panama to the north, Colombia is surrounded by Venezuela to the east, Brazil to the southeast, and Ecuador and Peru to the south west. The country was named in honor of Christopher Columbus, although he never actually set foot there.

HostelTrail – South America Hostel Network (Colombia Hostel Guide). – Based in Southern Colombia, this UK project offers free information about accommodation and tourism in Colombia – with up-to-date information on security and transportation between cities and towns. edit

In Colombia you can find a range of options, bed and breakfast conditioned to western standards and hostels to five-star hotels. There are also apartments that rent per day. I understand this is mostly done in the coast and the north but they are generally much cheaper than hotels and my experience was very good.