GRADUATE HOTELS 1-29-26.pdf

This is a Graduate Hotels State College Group Agreement executed on August 19, 2025, between the Board of Regents of the University of Nebraska University of Nebraska Athletics (Nebraska Wrestling team) as the Group and Graduate State College hotel located in State College, Pennsylvania as the Hotel. The agreement is signed by Seth Dorsey, Deputy AD for Internal Operations & CFO for the University of Nebraska, and Jessica McCloskey, Director of Sales for Graduate State College. The contract pertains to accommodations for the University of Nebraska Wrestling team attending an athletic competition scheduled for January 29-31, 2026, at Pennsylvania State University.

The Group has committed to a room block of 28 Queen Queen sleeping rooms at $195.00 per night for both January 29 and January 30, 2026, generating anticipated room block revenue of $5,460.00. The Hotel will pay a commission of 7% of the minimum room rate ($382.20) to Anthony Travel (IATAN number 15-517445) and provide a 3% rebate to the Group for each occupied room. The Group must provide written notice of room reservations by the Cutoff Date of Friday, January 9, 2026. Payment in advance via credit card, check, or direct billing is required ten days prior to the event. The Group is responsible for all applicable taxes and fees. Cancellation fees are tiered based on notice provided, ranging from 25% of total anticipated revenue ($1,365.00) if cancelled 180 days in advance to 100% ($5,460.00) if cancelled 29 days or less in advance. The Hotel offers complimentary parking, 24/7 fitness room access, and complimentary WiFi as special concessions. The agreement remains on a tentative first-option basis until September 17, 2025, after which it will be void unless the University of Nebraska provides written notification of intent to proceed.