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**Exhibit      12.1**

**EQUITY      INNS, INC.**

**STATEMENT      REGARDING COMPUTATION OF RATIOS**

**(Dollars      in Thousands)**

|                                                                                  |   | Years                Ended |   |
|---------------------------------------------------------------------------------------|--------|----------------------------|--------|
|                                                                                  |   | 2006                       |   | 2005 |   | 2004 |   | 2003 |   | 2002 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |
| Income                (loss) before minority interestsand                income taxes |   | $                          | 21,529 |   | $ | 21,549 |   | $ | 7,175 |   | $ | 588 |   | $ | 1,415 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed                charges                                                          |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                expense, net                                                  |   | $                          | 40,021 |   | $ | 35,469 |   | $ | 28,635 |   | $ | 28,692 |   | $ | 29,488 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                fixed charges                                                    |   | $                          | 40,021 |   | $ | 35,469 |   | $ | 28,635 |   | $ | 28,692 |   | $ | 29,488 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings                before fixed charges                                          |   | $                          | 61,550 |   | $ | 57,018 |   | $ | 35,810 |   | $ | 29,280 |   | $ | 30,903 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                of earnings/fixed charges                                        |   |                       | 1.54   |   |   | 1.61 |   |   | 1.25 |   |   | 1.02 |   |   | 1.05 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Preferred                dividends                                                    |   | $                          | 11,734 |   | $ | 7,547 |   | $ | 7,547 |   | $ | 6,823 |   | $ | 6,531 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed                charges, including preferred dividends                           |   | $                          | 51,755 |   | $ | 43,016 |   | $ | 36,182 |   | $ | 35,515 |   | $ | 36,019 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                of earnings/fixed charges and preferred dividends                |   |                       | 1.19   |   |   | 1.33 |   |   | 0.99 |   |   | 0.82 |   |   | 0.86 |   |
|                                                                                  |   |                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |