- TravelCenters of America ( NASDAQ: TA ) 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, the company is focused on acquisitions for network growth.
- The company acquired seven existing travel centers 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.
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TravelCenters of America entered 30 franchise agreement in 2022, plans 20 more for 2023