Meristar Hospitality Operating Partnership 10-K 2004 FY Annual report

Exhibit 12

MERISTAR HOSPITALITY OPERATING PARTNERSHIP, L.P.

Statement Regarding Computation of Ratios

	2004			2003			2002			2001			2000
Income from continuing operations before minority interests, income tax expense (benefit), and (loss) gain on sale of assets (1)	$	(77,126	)	$	(132,942	)	$	(67,391	)	$	(20,742	)	$	66,970
Fixed charges:
Interest expense, net		126,927			140,623			136,125			121,778			114,120
Interest capitalized		5,605			3,062			3,993			6,098			8,613
Amortization of debt expense		5,358			5,020			6,808			4,030			3,326
Preferred distributions to minority interests		141			556			554			554			554
Total fixed charges		138,031			149,261			147,480			132,460			126,613
Income from continuing operations before minority interest, income tax expense (benefit), (loss) gain on sale of assets and fixed charges (excluding capitalized interest and preferred distributions to minority interests)		55,159			12,701			75,542			105,066			184,416
Divided by fixed charges		138,031			149,261			147,480			132,460			126,613
Ratio of earnings to fixed charges		0.40			0.09			0.51			0.79			1.46
Deficiency		82,872			136,560			71,938			27,394			—

(1) This amount is before minority interests since the minority interests relate to majority-owned subsidiaries that have fixed charges.