EX-12.1 3 a11-25663_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,

 

 

 

2011

 

2010

 

2010

 

2009

 

2008

 

2007

 

2006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations

 

$

152,222

 

$

114,307

 

$

21,351

 

$

193,341

 

$

124,335

 

$

220,224

 

$

156,501

 

Fixed Charges

 

100,183

 

105,367

 

138,712

 

143,410

 

156,844

 

148,110

 

81,451

 

Adjusted Earnings

 

$

252,405

 

$

219,674

 

$

160,063

 

$

336,751

 

$

281,179

 

$

368,334

 

$

237,952

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

100,183

 

$

105,367

 

$

138,712

 

$

143,410

 

$

156,844

 

$

148,110

 

$

81,451

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

2.52x

 

2.08x

 

1.15x

 

2.35x

 

1.79x

 

2.49x

 

2.92x