EXHIBIT 12.2

Hospitality Properties Trust

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Distributions

(in thousands, except ratio amounts)

		Year Ended December 31,
		2004			2003			2002			2001			2000
Net income		$	127,091		$	238,213		$	142,202		$	131,956		$	126,271
Fixed charges		50,393			44,536			42,424			41,312			37,682
Adjusted earnings		$	177,484		$	282,749		$	184,626		$	173,268		$	163,953
Fixed charges and preferred distributions:
Interest on indebtedness and amortization of deferred finance costs		$	50,393		$	44,536		$	42,424		$	41,312		$	37,382
Preferred distributions		9,674			14,780			7,572			7,125			7,125
Total combined fixed charges and preferred distributions		$	60,067		$	59,316		$	49,996		$	48,437		$	44,807
Ratio of earnings to combined fixed charges and preferred distributions		2.95		x	4.77		x	3.69		x	3.58		x	3.66		x