VALLEY RIVER INN 6-7-26.pdf

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Attached to
CN NE|46347
Contract number
46347
Issued by
Nebraska

About this file

Contract Summary

This is a Group Agreement between the Board of Regents of the University of Nebraska - Athletics (the Group) and Valley River Inn Eugene, a hotel managed by Columbia Hospitality, Inc. (the Facility), for accommodations and event services related to the University of Nebraska Track & Field championship event. The agreement was signed on November 5, 2025, and becomes effective upon receipt of the required initial deposit by the stated deadline of Friday, October 31, 2025. The event is scheduled for June 7-14, 2026, at the hotel located in Eugene, Oregon.

The Group has reserved a block of 210 guest rooms across Double Queen/Queen, Single/King, and Suite configurations at a nightly rate of $199.00 per room (exclusive of taxes). The agreement establishes a Guest Room Revenue Minimum of $41,790.00 and a Food & Beverage Revenue Minimum of $8,000.00, for a combined Revenue Minimum of $49,790.00. The Group is required to submit deposits totaling $49,389.20 across three installments: $8,843.60 due October 31, 2025; $20,473.20 due January 9, 2026; and $20,473.20 due April 17, 2026. Final pre-payment of all remaining charges, including a 10-15% contingency, is due fourteen days prior to arrival. The agreement includes a tiered liquidated damages schedule ranging from 50% of the Revenue Minimum (up to six months prior) to 100% (30 days prior), with commission on room revenue payable to Anthony Travel at 10% of occupied guest room revenue. Complimentary WiFi and parking are provided, and the facility will arrange all food and beverage functions with a minimum spend of $8,000.00.

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