Exhibit 12.1

LaSalle Hotel Properties

Computation of Ratios of
Earnings to Combined Fixed Charges and Preferred Share Dividends

(Dollars in thousands, except ratio data)

(unaudited)



|                                                                          |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  
|------------------------------------------------------------------------- |  | ------------------------------- | ------- | - | ---- | - | ------ | ---- |  | - | ------- | - |  | ---- | ------- | - |  | - | ------ | -
|                                                                          |  | For the year ended December 31, |        
|                                                                          |  | 2009                            |         |   | 2008 |   |        | 2007 |  |   | 2006    |   |  | 2005 |        
|                                                                          |  | (A)                             |         |   |      |   |        |      |  |   |         |   |  |      |        
|Net (loss) income attributable to common shareholders                     |  | $                               | (18,770 | ) |      | $ | 10,630 |      |  | $ | 61,543  |   |  | $    | 73,456  |   |  | $ | 20,767 |  
|Discontinued operations                                                   |  |                                 |        |   |      |   |       |      |  |   | (30,533 | ) |  |      | (3,694  | ) |  |   | (3,066 | )
|Income tax expense (benefit)                                              |  |                                 | 4,257   |   |      |   | (1,316 | )    |  |   | 3,075   |   |  |      | (277    | ) |  |   | (1,979 | )
|Noncontrolling interests                                                  |  |                                 | 352     |   |      |   | 5,239  |      |  |   | 6,369   |   |  |      | 4,627   |   |  |   | 1,719  |  
|Equity in earnings of unconsolidated entities                             |  |                                 |        |   |      |   |       |      |  |   | (27     | ) |  |      | (38,420 | ) |  |   | (753   | )
|Fixed charges                                                             |  |                                 | 65,047  |   |      |   | 74,235 |      |  |   | 74,804  |   |  |      | 70,601  |   |  |   | 40,158 |  
|Amortization of capitalized interest                                      |  |                                 | 743     |   |      |   | 576    |      |  |   | 205     |   |  |      | 349     |   |  |   | 405    |  
|Distributions from unconsolidated entities                                |  |                                 | 3       |   |      |   | 25     |      |  |   | 27      |   |  |      | 39,398  |   |  |   | 1,116  |  
|Capitalized interest                                                      |  |                                 | (703    | ) |      |   | (3,525 | )    |  |   | (4,171  | ) |  |      | (2,589  | ) |  |   | (1,178 | )
|                                                                          |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  
|Earnings                                                                  |  | $                               | 50,929  |   |      | $ | 85,864 |      |  | $ | 111,292 |   |  | $    | 143,451 |   |  | $ | 57,189 |  
|                                                                          |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  
|Fixed Charges                                                             |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  
|Interest                                                                  |  | $                               | 36,961  |   |      | $ | 46,865 |      |  | $ | 44,911  |   |  | $    | 39,849  |   |  | $ | 21,811 |  
|Capitalized interest                                                      |  |                                 | 703     |   |      |   | 3,525  |      |  |   | 4,171   |   |  |      | 2,589   |   |  |   | 1,178  |  
|Amort. of discounts and capitalized cost related to indebtness            |  |                                 | 995     |   |      |   | 1,348  |      |  |   | 1,378   |   |  |      | 2,559   |   |  |   | 2,540  |  
|Preference security dividends                                             |  |                                 | 26,388  |   |      |   | 22,497 |      |  |   | 24,344  |   |  |      | 25,604  |   |  |   | 14,629 |  
|                                                                          |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  
|Total fixed charges and preference security dividends                     |  | $                               | 65,047  |   |      | $ | 74,235 |      |  | $ | 74,804  |   |  | $    | 70,601  |   |  | $ | 40,158 |  
|                                                                          |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  
|Ratio of earnings to combined fixed charges and preferred share dividends |  |                                 | 0.78    |   |      |   | 1.16   |      |  |   | 1.49    |   |  |      | 2.03    |   |  |   | 1.42   |  
|                                                                          |  |                                 |         |   |      |   |        |      |  |   |         |   |  |      |         |   |  |   |        |  



|(A) | The shortfall of earnings to combined fixed charges and preferred share dividends for the year ended December 31, 2009 was approximately $14,118.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------