Summit Hotel Properties (INN) 10-K 2012 FY Annual report

Exhibit 12.1

Summit Hotel Properties, Inc

Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

(Dollars in Thousands)

	Summit Hotel Properties, Inc.								Summit Hotel Properties, LLC (Predecessor)
	Year Ended 12/31/12				For the Period 2/14/11 through 12/31/11				For the Period 1/1/11 through 2/13/11				Year Ended 12/31/10				Year Ended 12/31/09				Year Ended 12/31/08
Earnings
Pre-tax income (loss) from
continuing operations	$	(4,865	)		$	(7,293	)		$	(5,462	)		$	(20,857	)		$	(17,510	)		$	2,816
Interest expense		15,585				12,604				4,417				24,902				17,025				16,111
Amortization of financing costs		2,298				2,041				152				1,822				2,015				1,565
Amortization of capitalized
interest		599				524				75				599				599				443
Total Earnings	$	13,617			$	7,876			$	(818	)		$	6,466			$	2,129			$	20,935
Fixed Charges
Interest expense	$	15,585			$	12,604			$	4,417			$	24,902			$	17,025			$	16,111
Capitalized interest		53				-				-				-				3,142				3,829
Amortization of financing costs		2,298				2,041				152				1,822				2,015				1,565
Total Fixed Charges	$	17,936			$	14,645			$	4,569			$	26,724			$	22,182			$	21,505
Preferred Dividends	$	4,625			$	411				-				-				-				-
Ratio of Earnings to
Combined Fixed Charges and
Preferred Stock Dividends		0.60		(1)		0.52		(2)		(0.18	)	(3)		0.24		(4)		0.10		(5)		0.97	(6)

(1)	For this period, earnings were less than fixed charges and preferred stock dividends.  The total amount of fixed charges and preferred stock dividends for this period  was
	approximately $22.5 million and the total amount of earnings was approximately $13.6 million.  The amount of the deficiency, or the amount of fixed charges and preferred
	stock dividends in excess of earnings, was approximately $8.9 million.
(2)	For this period, earnings were less than fixed charges and preferred stock dividends.  The total amount of fixed charges and preferred stock dividends for this period  was
	approximately $15.1 million and the total amount of earnings was approximately $7.9 million.  The amount of the deficiency, or the amount of fixed charges and preferred
	stock dividends in excess of earnings, was approximately $7.2 million.
(3)	For this period, earnings were less than fixed charges and preferred stock dividends.  The total amount of fixed charges and preferred stock dividends for this period  was
	approximately $4.6 million and the total amount of earnings was approximately $(.8) million.  The amount of the deficiency, or the amount of fixed charges and preferred
	stock dividends in excess of earnings, was approximately $5.4 million.
(4)	For this period, earnings were less than fixed charges and preferred stock dividends.  The total amount of fixed charges and preferred stock dividends for this period  was
	approximately $26.7 million and the total amount of earnings was approximately $6.5 million.  The amount of the deficiency, or the amount of fixed charges and preferred
	stock dividends in excess of earnings, was approximately $20.2 million.
(5)	For this period, earnings were less than fixed charges and preferred stock dividends.  The total amount of fixed charges and preferred stock dividends for this period  was
	approximately $22.2 million and the total amount of earnings was approximately $2.1 million.  The amount of the deficiency, or the amount of fixed charges and preferred
	stock dividends in excess of earnings, was approximately $20.1 million.
(6)	For this period, earnings were less than fixed charges and preferred stock dividends.  The total amount of fixed charges and preferred stock dividends for this period  was
	approximately $21.5 million and the total amount of earnings was approximately $20.9 million.  The amount of the deficiency, or the amount of fixed charges and preferred
	stock dividends in excess of earnings, was approximately $.6 million.