Service Properties Trust (SVC) 10-Q 2003 Q2 Quarterly report

EXHIBIT 12.2

HOSPITALITY PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DISTRIBUTIONS

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

	Six Months Ended June 30						Year Ended December 31,
	2003			2002			2002			2001			2000			1999			1998
Net income	$	63,184		$	68,821		$	142,202		$	131,956		$	126,271		$	111,929		$	81,341
Fixed charges	20,402			21,113			42,424			41,312			37,682			37,352			21,751
Adjusted earnings	$	83,586		$	89,934		$	184,626		$	173,268		$	163,953		$	149,281		$	103,092
Fixed charges and preferred distributions:
Interest on indebtedness and amortization of deferred finance costs	$	20,402		$	21,113		$	42,424		$	41,312		$	37,682		$	37,352		$	21,751
Preferred distributions	7,390			3,563			7,572			7,125			7,125			5,106			—
Combined fixed charges and
Preferred distributions	$	27,792		$	24,676		$	49,996		$	48,437		$	44,807		$	42,458		$	21,751
Ratio of earnings to combined fixed charges and preferred distributions	3.01		x	3.64		x	3.69		x	3.58		x	3.66		x	3.52		x	4.74		x

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