Service Properties Trust (SVC) 10-Q 2014 Q2 Quarterly report

EXHIBIT 12.1

HOSPITALITY PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

	Six Months Ended June 30,		Year Ended December 31,
	2014		2013		2012		2011		2010		2009
Pre-tax income from continuing operations before equity in earnings of an investee	$	92,378	$	127,750	$	153,219	$	191,803	$	21,990	$	198,671
Fixed charges	70,309		145,954		136,111		134,110		138,712		143,410
Adjusted Earnings	$	162,687	$	273,704	$	289,330	$	325,913	$	160,702	$	342,081
Fixed Charges:
Interest on indebtedness and amortization of deferred finance costs and debt discounts	$	70,309	$	145,954	$	136,111	$	134,110	$	138,712	$	143,410
Ratio of earnings to fixed charges	2.31x		1.88x		2.13x		2.43x		1.16x		2.39x