EXHIBIT 12.1 FAIRFIELD INN BY MARRIOTT LIMITED PARTNERSHIP COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in thousands) 2002 2001 2000 1999 1998 -------- -------- -------- -------- -------- Net loss $ (8,548) $(11,472) $(14,774) $ (8,552) $(12,999) Add: Fixed charges 12,315 13,890 14,361 14,489 14,726 -------- -------- -------- -------- -------- Adjusted earnings $ 3,767 $ 2,418 $ (413) $ 5,937 $ 1,727 ======== ======== ======== ======== ======== Fixed charges: Interest on indebtedness and amortization of deferred financing costs $ 12,315 $ 12,845 $ 13,238 $ 13,528 $ 13,792 Portion of rents representative of interest factor -- 1,045 1,123 961 934 -------- -------- -------- -------- -------- Total fixed charges $ 12,315 $ 13,890 $ 14,361 $ 14,489 $ 14,726 ======== ======== ======== ======== ======== Deficiency of earnings to fixed charges $ 8,548 $ 11,472 $ 14,774 $ 8,552 $ 12,999 ======== ======== ======== ======== ========