EX-12.2 3 a10-5805_1ex12d2.htm EX-12.2

EXHIBIT 12.2

 

HOSPITALITY PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DISTRIBUTIONS

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

 

 

 

Three months Ended
March 31,

 

Year Ended December 31,

 

 

 

2010

 

2009

 

2009

 

2008

 

2007

 

2006

 

2005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations

 

$

40,865

 

$

61,083

 

$

193,341

 

$

124,335

 

$

220,224

 

$

156,501

 

$

118,779

 

Fixed Charges

 

36,905

 

36,541

 

143,410

 

156,844

 

148,110

 

81,451

 

65,263

 

Adjusted Earnings

 

$

77,770

 

$

97,624

 

$

336,751

 

$

281,179

 

$

368,334

 

$

237,952

 

$

184,042

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges and Preferred Distributions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs

 

$

36,905

 

$

36,541

 

$

143,410

 

$

156,844

 

$

148,110

 

$

81,451

 

$

65,263

 

Preferred distributions

 

7,470

 

7,470

 

29,880

 

29,880

 

26,769

 

7,656

 

7,656

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Combined Fixed Charges and

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Distributions

 

$

44,375

 

$

44,011

 

$

173,290

 

$

186,724

 

$

174,879

 

$

89,107

 

$

72,919

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Combined Fixed Charges and Preferred Distributions

 

1.75x

 

2.22x

 

1.94x

 

1.51x

 

2.11x

 

2.67x

 

2.52x