The ownership of Travel Centers of America, which operates 162 truck
stops in the U.S. and Canada, is being sold for nearly $2 billion.
The buyer is a company called Hospitality Properties Trust, located in Newton, MA. According to a press release, the company operates more than 300 hotels in the U.S., Canada and Puerto Rico.
A spokesman for TA told “Land Line Now” on XM Satellite Radio that
Travel Centers of America will continue to do business as usual, and that the
only change will be the company’s ownership.