Hotep (ḥtp; also rendered hetep) is an Egyptian word that roughly translates as “to be satisfied, at peace”. The word also refers to an “offering” ritually presented to a deity or a dead person, hence “be pleased, be gracious, be at peace”. It is rendered in Egyptian hieroglyphs as an altar/offering table (Gardiner sign R4). The noun ḥtp.w means “peace, contentment”. Davies (2018) interprets the concept of ḥtp as "the result of action in accord with maat, “the proper order of the universe”.
The so-called offering formula begins with ḥtp-dj-nsw,  “an offering given by the king”.
Hotep, as part of ancient Egyptian names, such as Hotepsekhemwy (ḥr ḥtp-sḫm.wj), “the two powers are at peace”, the first ruler of Egypt’s Second Dynasty.
—Wikipedia

The connection here seems to be with the word שׁלום, shalom, in Hebrew. As much as there is a similarity in concept, there is no similarity of word.