Service Properties Trust - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - March 1, 2017

Attached files

file	filename
EX-32.1 - EXHIBIT 32.1 - Service Properties Trust	hpt_123116xexhibitx321.htm
EX-31.4 - EXHIBIT 31.4 - Service Properties Trust	hpt_123116xexhibitx314.htm
EX-31.3 - EXHIBIT 31.3 - Service Properties Trust	hpt_123116xexhibitx313.htm
EX-31.2 - EXHIBIT 31.2 - Service Properties Trust	hpt_123116xexhibit312.htm
EX-31.1 - EXHIBIT 31.1 - Service Properties Trust	hpt_123116xexhibitx311.htm
EX-23.1 - EXHIBIT 23.1 - Service Properties Trust	hpt_123116xexhibitx231.htm
EX-21.1 - EXHIBIT 21.1 - Service Properties Trust	hpt_123116xexhibitx211.htm
EX-12.2 - EXHIBIT 12.2 - Service Properties Trust	hpt_123116xexhibitx122.htm
EX-10.71 - EXHIBIT 10.71 - Service Properties Trust	hpt_123116xexhibitx1071.htm
EX-10.15 - EXHIBIT 10.15 - Service Properties Trust	hpt_123116xexhibitx1015.htm
EX-10.13 - EXHIBIT 10.13 - Service Properties Trust	hpt_123116xschedulextoxexh.htm
EX-8.1 - EXHIBIT 8.1 - Service Properties Trust	exhibit81final.htm
EX-4.14 - EXHIBIT 4.14 - Service Properties Trust	hpt_123116xexhibitx414.htm
EX-4.8 - EXHIBIT 4.8 - Service Properties Trust	hpt_123116xexhibitx48.htm
10-K - 10-K - Service Properties Trust	hpt_123116x10kdocument.htm

Exhibit 12.1

Hospitality Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratio amounts)



		Year Ended December 31,
		2016				2015				2014				2013				2012
Income from continuing operations (including gains on sales of properties, if any) before income tax expense and equity in earnings (losses) of an investee		$	226,993			$	167,963			$	199,036			$	127,750			$	153,219
Fixed Charges		161,913				144,898				139,486				145,954				136,111
Adjusted Earnings		$	388,906			$	312,861			$	338,522			$	273,704			$	289,330

Fixed Charges:
Interest on indebtedness and amortization of debt issuance costs and debt discounts		$	161,913			$	144,898			$	139,486			$	145,954			$	136,111

Ratio of Earnings to Fixed Charges		2.40x				2.16x				2.43x				1.88x				2.13x