The most important attraction in Panevežys is Cido Arena built in 2008. Arena generally hosts basketball games as well as concerts; also it has an indoor 250 m long Olympic cycling track, the only such in the Baltic States. Cido Arena is capable to accommodate up to 7,300 people during the concerts, a little less for sports events.
Probably the largest good quality hotel located int the historic old mill in centre of Panevežys. Hotel offers SPA center, restaurant and conference halls. 39 rooms.
An industrial city on the banks of Nevėžis River, Panevėžys is also a cultural center of Aukštaitija region and city's drama theater (named after famous director Juozas Miltinis) is known beyond the borders of the country.