Exhibit 12.1

FelCor Lodging Trust Incorporated/FelCor Lodging Limited Partnership
Computation of Ratio of Earnings To Fixed Charges and Preferred Distributions

	2000			2001			2002			2003			2004
				(amounts in thousands, except ratios)
Income (loss) from continuing operations		41,942			(51,156	)		(61,021	)		(180,589	)		(111,311	)
Minority interests		5,758			(9,304	)		(6,041	)		(13,912	)		(7,928	)
Equity in income of unconsolidated entities		(14,820	)		(7,346	)		10,127			(2,370	)		(17,121	)
Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees		32,880			(67,806	)		(56,935	)		(196,871	)		(136,360	)
Fixed charges:
Interest expense		158,620			159,179			164,368			167,431			152,394
Capitalized interest		1,080			811			775			588			1,489
The sum of interest expensed and capitalized, amortized premiums, discounts and capitalized expenses related to indebetedness		159,700			159,990			165,143			168,019			153,883
Amortization of capitalized interest		1,200			1,269			1,225			819			924
Distributed income of equity investees		25,358			8,132			11,310			8,848			22,831
Interest capitalized		(1,080	)		(811	)		(775	)		(588	)		(1,489	)
Earnings		218,058			100,774			119,968			(19,773	)		39,789
Fixed charges		159,700			159,990			165,143			168,019			153,883
Preferred Distributions		24,682			24,600			26,292			26,908			35,130
Total Fixed Charges and Preferred Distributions		184,382			184,590			191,435			194,927			189,013
Ratio of Earnings to Fixed Charges and		1.2			0.5			0.6			(0.1	)		0.2
Preferred Distributions
Deficiency					83,816			71,467			214,700			149,224