EX-12.1 4 a08-2547_1ex12d1.htm EX-12.1

EXHIBIT 12.1

 

Hospitality Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratio amounts)

 

 

 

Year Ended December 31,

 

 

 

2007

 

2006

 

2005

 

2004

 

2003

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

227,817

 

$

156,501

 

$

118,779

 

$

116,221

 

$

227,432

 

Fixed charges

 

140,517

 

81,451

 

65,263

 

50,393

 

44,536

 

Adjusted earnings

 

$

368,334

 

$

237,952

 

$

184,042

 

$

166,614

 

$

271,968

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs

 

$

140,517

 

$

81,451

 

$

65,263

 

$

50,393

 

$

44,536

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

2.62

x

2.92

x

2.82

x

3.31

x

6.11

x