TravelCenters of America lays down 2023 plans

The company has achieved its goal of signing 30 new franchise agreements in 2022 and expects to open 20 more locations.

TravelCenters of America signed 30 new franchise agreements in 2022, reaching its annual target throughout the year. 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 with plans to open 20 of these locations in 2023 and aims to focus on acquisitions for expanding its network.

“The success of TA’s franchise and acquisition programs is a critical component of our strategic plan, and over time will add well located facilities to better serve our guests across the country. I am excited by meeting our 2022 target for growth in franchise sites and excited to see our new franchise partners flag their travel centers with the TA and Petro brands,” said Jon Pertchik, Chief Executive Officer of TravelCenters of America.

The company acquired seven existing travel centers which began operating as TA or Petro locations in 2022, six with truck maintenance facilities, and three standalone truck service facilities, which began operating as TA Truck Service during the year.