Some travel websites are offering rooms in the city for dates during the Games for as much as £500 - when the hotel's own website is advertising the same room for just £32 on the same night.
However, travel website Expedia has explained that massively over-inflated prices found online are often the result of hotels having not yet set their prices for 2014.
In those cases, websites like Expedia will be showing the hotel's 'rack rate' - the maximum price they would ever charge for a room - until such time as the hotel sets its actual room rate.
Seamus MacCormaic, Expedia's senior director of market management for the UK, said: "The rack rate is uploaded to our website automatically if the hotel has not yet set its price, and if people book at that price then that is the price they will end up paying.
"But that is unlikely to be the actual price the hotel sets when it gets round to it.
"The rates offered on our website are all set by the hotels, we do not adjust them.
"My advice to people going to Glasgow for the Games is to shop around. Look at our website and other websites, look at the hotel's website.
"Check the prices a few days before and a few days after the Games to see if the ones offered during the event are reasonable.
"Anything more than double the standard rate would be out of kilter in my opinion."
Seamus added that he would advise people coming to Scotland for the Games to hold off on booking rooms at massively increased prices as those prices will fall once rack rates are removed from websites.
Philip Mellor is general manager of Menzies Hotel in Glasgow and is also co-chairman of Greater Glasgow Hotels Association.
He agreed that prices would eventually settle down.
He said: "The rates you're seeing online will settle down over the coming months.
"At the moment, the Menzies Hotel has no vacancies for the period during the Games.
"But the prices for our rooms during the Games were very similar to our prices for any big event being held in Glasgow.
"We want to be able to offer competitive prices at all times."