Zagster and Hyatt Regency Cambridge Launch Bike Sharing Service for Guests

CAMBRIDGE, MA--(Marketwire - Aug 1, 2012) - Zagster, a company that provides bikes-as-a-service, today announced it has partnered with Hyatt Regency in Cambridge, MA. to offer a bike sharing program to guests. Hotel guests can reserve and ride comfortable, city-friendly cruiser bikes for just $15 per day, allowing them a healthy, convenient and fun way to explore the area, visit friends or attend business meetings. The program becomes the first of its kind to offer children's bikes.

"It's really the perfect location for bikes, with the nearby river trail and exciting attractions, the business core and MIT all just a short ride away," said Timothy Ericson, co-founder and CEO of Zagster. "With Zagster at Hyatt Regency Cambridge, guests now can get around Cambridge on two wheels covering more distance and burning more calories along the way."

There are 15 bikes available on-demand for guests at the hotel for up to a full day's use. To use Zagster, a guest simply signs a waiver at the concierge desk and is assigned a bike from available inventory. The Breezer bikes come with their own locking system, enabling riders to park them wherever they want throughout the ride.

"We're extremely excited to announce our partnership with Zagster," said General Manager Stacey Nichols. "We are always looking for ways to enhance our guests' experience and this new collaboration accomplishes just that when they stay at Hyatt Regency Cambridge."

Set along the scenic Charles River where the energy of Boston blends with the intellectual vitality and charm of Cambridge, this newly renovated hotel is conveniently situated amidst major universities, corporations and Boston proper. Featuring a state-of-the-art fitness center, expansive sun deck, saline pool, an award winning restaurant, as well as a convenient grab-and-go market, Hyatt Regency Cambridge provides guests with all of the comforts of home and the luxuries of a 4-Diamond hotel.

Zagster is developing a national footprint of bike sharing programs in partnership with real estate/apartment companies, businesses, hotel chains and universities, all of whom are looking to provide value added services and benefits to tenants, guests or employees.

About Zagster
Founded in Philadelphia in 2007 as CityRyde and now headquartered in Cambridge, Mass, Zagster is one of the nation's first bike sharing companies. Zagster is uniquely focused on contracting with property managers, hotels, businesses, and universities across North America to make bike sharing programs available to tenants, employees, guests and students. This highly efficient and unique model allows Zagster to offer services in areas that traditional city-wide bike sharing systems can't reach. More information about Zagster is available online at http://www.Zagster.com.

About Hyatt Regency Cambridge
Hyatt Regency Cambridge is an architecturally stunning hotel, featuring a 16-story atrium lobby with 470 contemporary guestrooms, including 11 suites, and 25,000 square feet of function/meeting space -- many with spectacular views -- indoor and outdoor. The 16^th floor Charles View Ballroom, with 180-degree panoramic Boston and Charles River views remains a stunning and enviable venue making special events more memorable. The New England inspired restaurant, Zephyr on the Charles, is open for your choice of breakfast, lunch or dinner. Zephyr on the Charles also hosts the New England Seafood market every Friday night from 5:30-10PM featuring an all-you-can-eat raw bar and live jazz. Market on the Charles is a convenient grab-and-go outlet serving New England inspired fresh food items, fresh fruit, Starbucks® beverages, and much more.The hotel is minutes from Boston and Harvard Square, amongst major universities, hospitals, convention centers, and only five miles from Logan International Airport. Points of interest include nearby museums, shopping, dining, nightlife, sightseeing tours, Theatre District, Freedom Trail, Boston Public Garden, sports venues such as Fenway Park, TD Garden, and Gillette Stadium. For reservations or more information, call Hyatt Regency Cambridge at 617-492-1234 or please visit www.cambridge.hyatt.com