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Portland has a great selection of hotels.  A few options are:

Just down the street from Athletes Lounge, where packet pick up will be held, and an easy drive to Cathedral Park are Silver Cloud and Holiday Inn Express:

http://www.silvercloud.com/portland/ 

http://www.hiexpress.com/hotels/us/en/portland/pdxor/hoteldetail

Embassy Suites - close to the Portland Airport.

http://embassysuites3.hilton.com/en/hotels/oregon/embassy-suites-portland-airport-PDXESES/index.html