EXHIBIT 12.2
Hospitality Properties Trust
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Distributions
(in thousands, except ratio amounts)
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| Year Ended December 31, |
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| 2008 |
| 2007 |
| 2006 |
| 2005 |
| 2004 |
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Income from continuing operations |
| $ | 124,335 |
| $ | 220,224 |
| $ | 156,501 |
| $ | 118,779 |
| $ | 116,221 |
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Fixed charges |
| 156,844 |
| 148,110 |
| 81,451 |
| 65,263 |
| 50,393 |
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Adjusted earnings |
| $ | 281,179 |
| $ | 368,334 |
| $ | 237,952 |
| $ | 184,042 |
| $ | 166,614 |
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Fixed charges and preferred distributions: |
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Interest on indebtedness and amortization of deferred finance costs |
| $ | 156,844 |
| $ | 148,110 |
| $ | 81,451 |
| $ | 65,263 |
| $ | 50,393 |
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Preferred distributions |
| 29,880 |
| 26,769 |
| 7,656 |
| 7,656 |
| 9,674 |
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Total combined fixed charges and preferred distributions |
| $ | 186,724 |
| $ | 174,879 |
| $ | 89,107 |
| $ | 72,919 |
| $ | 60,067 |
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Ratio of earnings to combined fixed charges and preferred distributions |
| 1.51 | x | 2.11 | x | 2.67 | x | 2.52 | x | 2.77 | x | |||||
