The Agora in Kaliningrad is one of the hotels trying to take advantage of a spike in demand, with four group stage matches being played in the area including England’s match against Belgium on June 28.
The hotel normally charges just 2,400 roubles (£30) per night.
But during the World Cup, prices on online travel agent Booking.com have been listed as 129,200 roubles (£1,622) – a more than 5,000 percent increase on regular prices.
Russia’s Federal Agency for Tourism has named and shamed 41 hotels that have increased their room prices for this year’s World Cup, which runs from June 14 to July 15 in 12 venues spread across 11 cities.
Some on the list include members of large hotel chains, including Hampton by Hilton and Kempinski.
All the hotels identified have since promised to adjust their prices. prices by 5,000 per cent