HOSPITALITY PROPERTIES TRUST
10-Q, EX-12, 2000-08-09
REAL ESTATE INVESTMENT TRUSTS
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                                                                      Exhibit 12
<TABLE>
<CAPTION>

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

                                       21





                                For the Six Months Ended
                                        June 30,                  For the Year Ended December 31,
                               --------------------------     --------------------------------------
                                  2000          1999           1999           1998           1997
                                  ----          ----           ----           ----           ----

<S>                            <C>           <C>              <C>           <C>           <C>
Income Before Extraordinary
     Item                       $ 59,839      $ 50,506         $111,929      $ 87,982      $ 59,153
Fixed Charges                     17,809        19,694           37,352        21,751        15,534
                                --------      --------         --------      --------      --------
Adjusted Earnings               $ 77,648      $ 70,200         $149,281      $109,733      $ 74,687
                                ========      ========         ========      ========      ========


Fixed Charges:
     Interest on indebtedness
     and amortization of
     deferred finance costs     $ 17,809      $ 19,694         $ 37,352      $ 21,751      $ 15,534
                                --------      --------         --------      --------      --------

Total Fixed Charges             $ 17,809      $ 19,694         $ 37,352      $ 21,751      $ 15,534
                                ========      ========         ========      ========      ========

Ratio of Earnings to Fixed
     Charges                       4.36x         3.56x            4.00x         5.04x         4.81x

</TABLE>


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