Exhibit 12

LaSalle Hotel Properties

Computation of Ratios of Earnings to Combined Fixed Charges and Preferred Share Dividends

(Dollars in thousands, except ratio data)

(unaudited)

	For the six months ended			For the year ended December 31,
	June 30, 2009			2008			2007			2006			2005			2004
	(A)
Net (loss) income attributable to common shareholders	$	(10,660	)	$	10,630		$	61,543		$	73,456		$	20,767		$	10,691
Discontinued operations		—			—			(30,532	)		(3,689	)		(3,040	)		(5,991	)
Income tax expense (benefit)		3,304			(1,316	)		3,075			(277	)		(1,979	)		(3,499	)
Noncontrolling interests		357			5,239			6,368			4,622			1,693			265
Equity in earnings of unconsolidated entities		—			—			(27	)		(38,420	)		(753	)		(853	)
Impairment of investment in hotel property		—			—			—			—			—			—
Fixed charges		33,407			74,235			74,804			70,601			40,158			28,660
Amortization of capitalized interest		370			576			205			349			405			517
Distributed income in earnings of unconsolidated entities		3			25			27			39,398			1,116			3,000
Capitalized interest		(649	)		(3,525	)		(4,171	)		(2,589	)		(1,178	)		(783	)
Earnings	$	26,132		$	85,864		$	111,292		$	143,451		$	57,189		$	32,007
Fixed Charges
Interest		19,212			46,865			44,911			39,849			21,811			13,077
Capitalized interest		649			3,525			4,171			2,589			1,178			783
Amortization of bond premium		—			—			—			—			—			—
Amort. of discounts and capitalized cost related to indebtness		535			1,348			1,378			2,559			2,540			2,268
Preference security dividends		13,011			22,497			24,344			25,604			14,629			12,532
Total fixed charges and preference security dividends	$	33,407		$	74,235		$	74,804		$	70,601		$	40,158		$	28,660
Ratio of earnings to combined fixed charges and preferred share dividends		0.8			1.2			1.5			2.0			1.4			1.1

^(A) The shortfall of earnings to combined fixed charges and preferred share dividends for the six months ended June 30, 2009 was approximately $7,275.