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Previous: HOSPITALITY PROPERTIES TRUST, 10-Q, 2000-11-01 |
Next: HOSPITALITY PROPERTIES TRUST, 10-Q, EX-27, 2000-11-01 |
Exhibit 12
<TABLE>
<CAPTION>
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,
-------------------------- ------------------------------------------
2000 1999 1999 1998 1997
---- ---- ---- ---- ----
<S> <C> <C> <C> <C> <C>
Income Before Extraordinary
Item $ 90,279 $ 80,911 $111,929 $ 87,982 $ 59,153
Fixed Charges 27,700 28,523 37,352 21,751 15,534
-------- -------- -------- -------- --------
Adjusted Earnings $117,979 $109,434 $149,281 $109,733 $ 74,687
======== ======== ======== ======== ========
Fixed Charges:
Interest on indebtedness
and amortization of
deferred finance costs $ 27,700 $ 28,523 $ 37,352 $ 21,751 $ 15,534
-------- -------- -------- -------- --------
Total Fixed Charges $ 27,700 $ 28,523 $ 37,352 $ 21,751 $ 15,534
======== ======== ======== ======== ========
Ratio of Earnings to Fixed
Charges 4.26x 3.84x 4.00x 5.04x 4.81x
======== ======== ======== ======== ========
</TABLE>
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