Exhibit 12.1
Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges
(in thousands except ratio amounts)
Three Months Ended
March 31, Year Ended December 31,
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2001 2000 2000 1999 1998
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Income Before Extraordinary Item $ 30,088 $ 29,534 $126,271 $111,929 $ 87,982
Fixed Charges 10,186 8,828 37,682 37,352 21,751
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Adjusted Earnings $ 40,274 $ 38,362 $163,953 $149,281 $109,733
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Fixed Charges:
Interest on indebtedness and
amortization of deferred
finance costs $ 10,186 $ 8,828 $ 37,682 $ 37,352 $ 21,751
-------- -------- -------- -------- --------
Total Fixed Charges $ 10,186 $ 8,828 $ 37,682 $ 37,352 $ 21,751
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Ratio of Earnings to Fixed
Charges 3.95x 4.35x 4.35x 4.00x 5.04x
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