6 Highlights From TravelCenters of America’s Strong 1st Quarter

Restaurant revenues amplified in the first quarter .6%, to $74.3 million from $73.9 million, vs . the prior calendar year, as revenues at total-assistance restaurants had been boosted by inflation-driven value will increase and the reopening of about 90 additional FSRs compared to 2021, the CEO stated.

“The income maximize at our FSRs was offset by a compact lessen in brief-company restaurant revenues owing to persistent staffing shortages that negatively impacted QSR functioning ability,” Pertchik stated. “Staffing shortages go on to be a unique obstacle across the meals side of the business enterprise, which we are mitigating by way of streamlining menus, and aggressive payment packages.”

TravelCenters of America, a publicly traded, entire-provider vacation heart network, has much more than 275 places in 44 states and Canada, principally beneath the TA, Petro Stopping Centers and TA Express makes. Choices involve diesel and gasoline gasoline, truck upkeep and restore, entire-provider and fast-service dining establishments (QSR), vacation shops, car or truck and truck parking and other companies. The organization operates far more than 600 comprehensive-services and quick-company dining places and nine proprietary models, like Iron Skillet and State Delight.