tiprankstipranks
TravelCenters signs 30 new franchise agreements in 2022
The Fly

TravelCenters signs 30 new franchise agreements in 2022

TravelCenters of America signed 30 new franchise agreements in 2022, reaching its annual target. The company remains focused on franchising for accelerated network growth and continues to see year over year franchise signing growth. In 2022, TA opened three new franchised sites and plans to open 20 franchised locations in 2023. In addition, TA is focused on acquisitions for network growth. The company acquired seven existing travel centers (six with truck maintenance facilities) which began operating as TA or Petro locations in 2022, and three standalone truck service facilities, which began operating as TA Truck Service during the year.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on TA:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles