EXHIBIT 12.2

HOST HOTELS & RESORTS, L.P. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

AND PREFERRED UNIT DISTRIBUTIONS

(in millions, except ratio amounts)

	2014			2013			2012			2011			2010
Income from continuing operations before income taxes	$	761		$	231		$	23		$	(28	)	$	(168	)
Add (deduct):
Fixed charges		247			337			428			421			442
Capitalized interest		(7	)		(6	)		(6	)		(4	)		(3	)
Amortization of capitalized interest		10			6			7			7			7
Distributions from equity investments		—			—			3			—			2
Distributions on preferred units		—			—			—			—			(4	)
Issuance costs of redeemed preferred units		—			—			—			—			(4	)
Equity in earnings related to equity method investees		(26	)		17			(2	)		(4	)		1
Adjusted earnings	$	985		$	585		$	453		$	392		$	273
Fixed charges:
Interest on indebtedness and amortization of deferred      financing costs	$	214		$	304		$	373		$	371		$	382
Capitalized interest		7			6			6			4			3
Distributions on preferred units		—			—			—			—			4
Issuance costs of redeemed preferred units		—			—			—			—			4
Portion of rents representative of the interest factor		26			27			49			46			49
Total fixed charges and preferred unit distributions	$	247		$	337		$	428		$	421		$	442
Ratio of earnings to fixed charges and preferred unit      distributions		4.0			1.7			1.1
Deficiency of earnings to fixed charges and preferred unit      distributions		—			—			—		$	(29	)	$	(169	)