EX-12.1 2 a10-17317_1ex12d1.htm EX-12.1

EXHIBIT 12.1

 

HOSPITALITY PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

 

 

 

Nine months Ended
September 30,

 

Year Ended December 31,

 

 

 

2010

 

2009

 

2009

 

2008

 

2007

 

2006

 

2005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations

 

$

114,307

 

$

160,369

 

$

193,341

 

$

124,335

 

$

220,224

 

$

156,501

 

$

118,779

 

Fixed Charges

 

105,367

 

106,510

 

143,410

 

156,844

 

148,110

 

81,451

 

65,263

 

Adjusted Earnings

 

$

219,674

 

$

266,879

 

$

336,751

 

$

281,179

 

$

368,334

 

$

237,952

 

$

184,042

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs and debt discounts

 

$

105,367

 

$

106,510

 

$

143,410

 

$

156,844

 

$

148,110

 

$

81,451

 

$

65,263

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

2.08x

 

2.51x

 

2.35x

 

1.79x

 

2.49x

 

2.92x

 

2.82x