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Dive Brief:
Love’s Travel Stops & Country Stores is planning to sell all of its hotels by the first quarter of 2025, a company spokesperson confirmed to C-Store Dive on Monday.
The company, which owned 19 hotel properties as of this summer, has already sold 14 of these locations to multiple buyers, the spokesperson said. Four of the remaining five are under contract, and Love’s expects to sell the fifth and final location early next year, the spokesperson said.
Oklahoma City-based Love’s has been in the hotel business since 2014. Some of its franchised hotel brands have included Best Western Plus, Sleep Inn & Suites and Hampton Inn & Suites.