Exhibit 12.1
HOSPITALITY PROPERTIES TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)
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| Six Months |
| Year Ended December 31, |
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| 2012 |
| 2011 |
| 2010 |
| 2009 |
| 2008 |
| 2007 |
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Pre-Tax Income from Continuing Operations |
| $ | 84,584 |
| $ | 191,803 |
| $ | 21,990 |
| $ | 198,403 |
| $ | 126,181 |
| $ | 222,415 |
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Fixed Charges |
| 66,806 |
| 134,110 |
| 138,712 |
| 143,410 |
| 156,844 |
| 148,110 |
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Adjusted Earnings |
| $ | 151,390 |
| $ | 325,913 |
| $ | 160,702 |
| $ | 341,813 |
| $ | 283,025 |
| $ | 370,525 |
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Fixed Charges: |
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Interest on indebtedness and amortization of deferred finance costs and debt discounts |
| $ | 66,806 |
| $ | 134,110 |
| $ | 138,712 |
| $ | 143,410 |
| $ | 156,844 |
| $ | 148,110 |
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Ratio of Earnings to Fixed Charges |
| 2.27x |
| 2.43x |
| 1.16x |
| 2.38x |
| 1.80x |
| 2.50x |
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