<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>7
<FILENAME>a2106714zex-12_1.txt
<DESCRIPTION>EXHIBIT 12.1
<TEXT>
<Page>

                                                                    EXHIBIT 12.1

                          HOSPITALITY PROPERTIES TRUST
                COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
                      (IN THOUSANDS, EXCEPT RATIO AMOUNTS)

<Table>
<Caption>
                                                                              Year Ended December 31,
                                                     ------------------------------------------------------------------------
                                                         2002           2001           2000           1999           1998
                                                     ------------   ------------   ------------   ------------   ------------
<S>                                                  <C>            <C>            <C>            <C>            <C>
Net income Before Extraordinary Item                 $    143,802   $    131,956   $    126,271   $    111,929   $     87,982
Fixed Charges                                              42,424         41,312         37,682         37,352         21,751
                                                     ------------   ------------   ------------   ------------   ------------
Adjusted Earnings                                    $    186,226   $    173,268   $    163,953   $    149,281   $    109,733

Fixed Charges:
    Interest on indebtedness and amortization of
    deferred finance costs                           $     42,424   $     41,312   $     37,682   $     37,352   $     21,751

Ratio of Earnings to Fixed Charges                           4.39x          4.19x          4.35x          4.00x          5.04x
</Table>


</TEXT>
</DOCUMENT>