Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio amounts)

	Year Ended December 31,

	2011		2010		2009		2008		2007
Income from Continuing Operations	$	190,440	$	21,351	$	193,341	$	124,335	$	220,224
Fixed Charges		134,110		138,712		143,410		156,844		148,110

Adjusted Earnings	$	324,550	$	160,063	$	336,751	$	281,179	$	368,334

Fixed Charges:
Interest on indebtedness and amortization of deferred finance costs and debt discounts	$	134,110	$	138,712	$	143,410	$	156,844	$	148,110

Ratio of Earnings to Fixed Charges		2.42x		1.15x		2.35x		1.79x		2.49x