NEW YORK, April 28 (Reuters) - Hospitality Properties Trust (NYSE:HPT - News) said on Monday it ended a lease for 15 of Wyndham International Inc.'s (AMEX:WBR - News) Summerfield Suites hotels because of a default, and is in talks with Wyndham over operations at another 12 hotels.
Wyndham said its Summerfield HPT Lease Co. unit agreed to terminate the lease for the 15 hotels because the cost was "extraordinarily high," having been negotiated at the peak of the hotel market. The slow economy and the Sept. 11, 2001 air attacks on the U.S. also hurt business and leisure travel.
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