- TA hired a new CEO, Jon Pertchik, in December 2019. He and his team have embarked on a remarkable turnaround, yet the market hasn't fully noticed.
- TA owns 50 unencumbered centers, has the best repair business in the sector, and is revitalizing every aspect of its business. This is creating a positive feedback loop/network effect.
- A combination of better fuel margins, efficient cost management, and business enhancements have led to a dramatic increase in Adj. EBITDA (TTM Adj. EBITDA of $171 million).
For further details see:
TravelCenters Of America: A Quintessential Turnaround