FelCor Lodging Trust (FCH) POS AM Prospectus update (post-effective amendment)

Exhibit 12.1

FelCor Lodging Trust Incorporated
Computation of Ratio of Earnings To Fixed Charges and Preferred Securities Dividends
(in thousands, except for ratio)
	Year Ended December 31,
	2011			2010			2009			2008			2007
Income (loss) from continuing operations	$	(133,766	)	$	(173,422	)	$	(96,308	)	$	(43,556	)	$	50,286
Equity in income of unconsolidated entities	2,068			(16,916		)	4,814			10,931			(20,357		)
Pre-tax income (loss) from continuing operations before adjustment    for income or loss from equity investees	(131,698		)	(190,338		)	(91,494		)	(32,625		)	29,929
Fixed charges:
Interest expense	135,141			139,853			100,260			92,746			89,654
Capitalized interest	2,206			638			767			1,350			4,808
The sum of interest expensed and capitalized, amortized premiums,    discounts and capitalized expenses related to indebtedness	137,347			140,491			101,027			94,096			94,462
Amortization of capitalized interest	1,652			1,736			1,735			1,831			1,736
Distributed income of equity investees	2,261			2,190			2,789			2,973			947
Interest capitalized	(2,206		)	(638		)	(767		)	(1,350		)	(4,808		)
Earnings	$	7,356		$	(46,559	)	$	13,290		$	64,925		$	122,266
Fixed charges	$	137,347		$	140,491		$	101,027		$	94,096		$	94,462
Preferred securities dividends	38,713			38,713			38,713			38,713			38,713
Fixed charges and preferred securities dividends	$	176,060		$	179,204		$	139,740		$	132,809		$	133,175
Ratio of Earnings to Fixed Charges	0.04			(0.26		)	0.10			0.49			0.92
Deficiency	$	168,704		$	225,763		$	126,450		$	67,884		$	10,909