EXHIBIT 12.1
HOSPITALITY PROPERTIES TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)
|
| Nine months Ended |
| Year Ended December 31, |
| |||||||||||||||||
|
| 2010 |
| 2009 |
| 2009 |
| 2008 |
| 2007 |
| 2006 |
| 2005 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Income from Continuing Operations |
| $ | 114,307 |
| $ | 160,369 |
| $ | 193,341 |
| $ | 124,335 |
| $ | 220,224 |
| $ | 156,501 |
| $ | 118,779 |
|
Fixed Charges |
| 105,367 |
| 106,510 |
| 143,410 |
| 156,844 |
| 148,110 |
| 81,451 |
| 65,263 |
| |||||||
Adjusted Earnings |
| $ | 219,674 |
| $ | 266,879 |
| $ | 336,751 |
| $ | 281,179 |
| $ | 368,334 |
| $ | 237,952 |
| $ | 184,042 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Interest on indebtedness and amortization of deferred finance costs and debt discounts |
| $ | 105,367 |
| $ | 106,510 |
| $ | 143,410 |
| $ | 156,844 |
| $ | 148,110 |
| $ | 81,451 |
| $ | 65,263 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Ratio of Earnings to Fixed Charges |
| 2.08x |
| 2.51x |
| 2.35x |
| 1.79x |
| 2.49x |
| 2.92x |
| 2.82x |
| |||||||
