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A recent hotel price survey by UK travel website Trivago.co.uk has revealed that hotel prices in Cairo have decreased by up to 13 percent compared to this time last year.
According to the survey hotel prices in Alexandria and Cairo, where recent violent demonstrations have been held, have decreased by 18 percent and 13 percent respectively year-on-year. One night’s hotel stay this July will cost an average of US $130 in Alexandria and $105 in Cairo, compared to $160 and $125 respectively this time last year.
Following the protests and unrest that have spread throughout Egypt in recent weeks, many countries have advised against all but essential travel to Egypt (with the exception of the Red Sea resorts) and many travel companies have cancelled holidays to the country. While tourist authorities in Egypt have attempted to reassure visitors of their safety, many hoteliers in the country appear to have dropped their prices in order to maintain business.
While Egypt’s Red Sea resorts have remained relatively untouched by the recent unrest, hotel prices in Dahab, Taba and Hurghada in the region have also decreased this year, with falls of 23, 15 and eight percent respectively. However, Trivago goes on to reveal that there have so far been no significant decreases in hotel prices in the larger tourist resort of Sharm el-Sheikh.
The Trivago hotel price index (tHPI) calculates average overnight accommodation prices by comparing the one million daily price inquiries for overnight hotel stays generated through the Trivago hotel price comparison service. By comparing the overnight accommodation prices of more than 150 online travel agents and hotel chains, Trivago is therefore able to give an overview of hotel accommodation prices for each upcoming month.