EX-12.1 3 a07-10740_1ex12d1.htm EX-12.1

Exhibit 12.1

HOSPITALITY PROPERTIES TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

 

 

Three Months Ended
March 31,

 

Year Ended December 31,

 

 

 

2007

 

2006

 

2006

 

2005

 

2004

 

2003

 

2002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

43,372

 

$

35,233

 

$

169,039

 

$

129,903

 

$

127,091

 

$

238,213

 

$

142,202

 

Fixed Charges

 

30,655

 

18,988

 

81,451

 

65,263

 

50,393

 

44,536

 

42,424

 

Adjusted Earnings

 

$

74,027

 

$

54,221

 

$

250,490

 

$

195,166

 

$

177,484

 

$

282,749

 

$

184,626

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs

 

$

30,655

 

$

18,988

 

$

81,451

 

$

65,263

 

$

50,393

 

$

44,536

 

$

42,424

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

2.41x

 

2.86x

 

3.08x

 

2.99x

 

3.52x

 

6.35x

 

4.35x