TravelCenters of America Company Description
TravelCenters of America (TCA) is in the food, fuel, and relaxation business for the long haul. The company's network of about 235 interstate highway travel centers in some 40 US states and Ontario, Canada is the nation's largest. Its TCA and Petro locations provide fuel, fast-food and sit-down restaurants (Country Pride, Buckhorn Family), convenience stores, and lodging. With professional truck drivers as its main customers, some outlets also offer "trucker-only" services, such as laundry and shower facilities, telephone and TV rooms, and truck repair. TCA was acquired by real estate investment trust Hospitality Properties Trust in 2007 for about $1.9 billion. Hospitality Properties then promptly spun off TCA.
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The Company Description provides a historical perspective of TravelCenters of America's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TravelCenters of America's evolution in the marketplace.
