EX-12.1 2 drh_exhibit121x12312011.htm RATIO OF EARNINGS TO FIXED CHARGES
EXHIBIT 12.1
DiamondRock Hospitality Company Computation of Ratios of Earnings to Fixed Charges and Preferred Stock Dividends(in thousands, except ratio amounts)

| Year Ended December 31,
| 2011 |  | 2010 |  | 2009 |  | 2008 |  | 2007
(Loss) Income from Continuing Operations Before Income Taxes | $ | (4,085 | ) |  | $ | (8,864 | ) |  | $ | (30,091 | ) |  | $ | 38,698 |  |  | $ | 61,621 |
Fixed Charges | 61,151 |  |  | 49,777 |  |  | 54,670 |  |  | 53,698 |  |  | 54,514 |
Amortization of Capitalized Interest | 111 |  |  | 175 |  |  | 175 |  |  | 166 |  |  | 159 |
Capitalized Interest | (1,527 | ) |  | (112 | ) |  | (19 | ) |  | (259 | ) |  | (50 | )
Earnings | $ | 55,650 |  |  | $ | 40,976 |  |  | $ | 24,735 |  |  | $ | 92,303 |  |  | $ | 116,244 |
Fixed Charges: |  |  |  |  |  |  |  |  |
Interest Expense | $ | 55,507 |  |  | $ | 45,524 |  |  | $ | 51,609 |  |  | $ | 50,404 |  |  | $ | 51,445 |
Portion of Rent Related to Interest | 4,117 |  |  | 4,141 |  |  | 3,042 |  |  | 3,035 |  |  | 3,019 |
Capitalized Interest | 1,527 |  |  | 112 |  |  | 19 |  |  | 259 |  |  | 50 |
Fixed Charges | 61,151 |  |  | 49,777 |  |  | 54,670 |  |  | 53,698 |  |  | 54,514 |
Preferred Stock Dividends | — |  |  | — |  |  | — |  |  | — |  |  | — |
Combined Fixed Charges and Preferred Stock Dividends | $ | 61,151 |  |  | $ | 49,777 |  |  | $ | 54,670 |  |  | $ | 53,698 |  |  | $ | 54,514 |
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |  |  |  |  |  |  | 1.7 |  |  | 2.1 |
Deficiency of Earnings to Fixed Charges and Preferred Stock Dividends | $ | (5,501 | ) |  | $ | (8,801 | ) |  | $ | (29,935 | ) |  |  |  |