HYATT_PLACE_TENNIS_EXP3_7_26.pdf
PDF 401 KB Posted
- Attached to
- CN NE|46498
- Contract number
- 46498
- Issued by
- Nebraska
About this file
This is a Group Sales Agreement between The Board of the Regents of the University of Nebraska (Client), located in Lincoln, Nebraska, and Hyatt Place Ann Arbor (Hotel), located in Ann Arbor, Michigan. The agreement was executed on January 14, 2026, and is governed by the laws of the State of Michigan with disputes to be resolved in Washtenaw County. The Client contact is Seth Dorsey, Deputy AD-CFO, and the Hotel contact is Lisa Kostrewski, Director of Sales.
The Hotel commits to holding a block of guest rooms for the Client's use, consisting of 5 rooms with 2 King Beds at $114.00 per night and 3 rooms with King Bed with Sofa Bed at $114.00 per night. All rates are commissionable and quoted exclusive of applicable state and local taxes, fees, and assessments. The University's room rates are commissionable at 7% to Anthony Travel, a travel agency compensated with a 7% placement fee paid by the Hotel on actual room revenue. Reservations must be received by February 5, 2026, with a major credit card required to confirm bookings. The agreement includes a Room Night Cancellation clause establishing a tiered liquidated damages schedule ranging from 50% to 100% of estimated room revenue plus applicable taxes depending on cancellation timing. Individual guest room cancellations must be received by 3:00 PM EST two days prior to arrival. The Hotel maintains a no-walk clause, prohibiting relocation of any part of the contracted group's sleeping rooms or other facilities, and Group is responsible for the Daily Contracted Guest Room Revenue Minimum as outlined in the agreement.
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