EX-12.1 2 a09-18473_1ex12d1.htm EX-12.1

EXHIBIT 12.1

 

HOSPITALITY PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

 

 

 

Six Months Ended
June 30,

 

Year Ended December 31,

 

 

 

2009

 

2008

 

2008

 

2007

 

2006

 

2005

 

2004

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations

 

$

112,103

 

$

33,925

 

$

124,335

 

$

220,224

 

$

156,501

 

$

118,779

 

$

116,221

 

Fixed Charges

 

71,567

 

78,849

 

156,844

 

148,110

 

81,451

 

65,263

 

50,393

 

Adjusted Earnings

 

$

183,670

 

$

112,774

 

$

281,179

 

$

368,334

 

$

237,952

 

$

184,042

 

$

166,614

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs

 

$

71,567

 

$

78,849

 

$

156,844

 

$

148,110

 

$

81,451

 

$

65,263

 

$

50,393

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

2.57x

 

1.43x

 

1.79x

 

2.49x

 

2.92x

 

2.82x

 

3.31x