Why do hotel prices in Egypt, especially in Sharm el-Sheikh, change so quickly and keep going up?

The most current explanation is automatic hotel pricing: if a property starts getting a lot of views and bookings, the rate goes up on its own, even though the hotel itself has not improved.

Price also depends heavily on the room category: different room types in the same hotel can increase at different speeds, so you need to compare not just the hotel but the exact room type.

According to traveler experience, in Sharm el-Sheikh it can sometimes be cheaper to book the most budget-friendly hotel as a base and then check other options locally, because price growth is not always tied to better quality.

Another major factor is the US dollar exchange rate: when the USD rises, hotel prices in Egypt often increase too, especially on platforms where rates are recalculated automatically.