EX-12.1 8 a2191118zex-12_1.htm EXHIBIT 12.1
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EXHIBIT 12.1

Hospitality Properties Trust
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio amounts)

 
  Year Ended December 31,  
 
  2008   2007   2006   2005   2004  

Income from continuing operations

  $ 133,995   $ 227,817   $ 156,501   $ 118,779   $ 116,221  

Fixed charges

    147,184     140,517     81,451     65,263     50,393  
                       

Adjusted earnings

  $ 281,179   $ 368,334   $ 237,952   $ 184,042   $ 166,614  

Fixed charges:

                               
 

Interest on indebtedness and amortization of deferred finance costs

  $ 147,184   $ 140,517   $ 81,451   $ 65,263   $ 50,393  

Ratio of earnings to fixed charges

   
1.91

x
 
2.62

x
 
2.92

x
 
2.82

x
 
3.31

x



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