Dine Brands Global

Dine Brands Global Inc. is a publicly traded food and beverage company based in Glendale, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including two restaurant concepts, Applebee's Neighborhood Grill & Bar and International House of Pancakes (IHOP).

Dine Brands Global Inc.
Formerly
IHOP Corporation
(1976–2008)
DineEquity Inc.
(2008–2018)
Public
Traded asNYSE: DIN
S&P 600 Component
IndustryRestaurants
GenreCasual dining
Founded1958 (1958)
Headquarters,
Number of locations
3,628 (December 31, 2019)[1]
Area served
Worldwide
Key people
Stephen P. Joyce (CEO)
Darren Rebelez, President IHOP
John Cywinski, President Applebee's[2]
Revenue US$910.2 million (2019)[1]
Number of employees
3,560 (2019)[1]
SubsidiariesIHOP
Applebee's
Websitedinebrands.com

History

Established in 2007, DINE was founded when IHOP purchased Applebee's restaurant chain for approximately $2.1 billion.[3] IHOP announced it would franchise most of Applebee's 500 company-owned locations, and undertake a plan to revitalize the chain's brand and concept.[4]

As of December 31, 2019, Dine Brands had 3,628 restaurants including 1,787 Applebee's and 1,841 IHOP restaurants, including 69 Applebee's that are company owned, 161 IHOP restaurants that are owned by area licensees and 3,398 franchised restaurants including 1,718 Applebee's and 1,680 IHOP restaurants.[1][5]

See also

References

  1. "Dine Brands Global Annual Report". SEC. February 24, 2020. Retrieved March 20, 2020.
  2. "Management Biographies". DineEquity, Inc. Archived from the original on 20 February 2013. Retrieved 2 September 2013.
  3. "IHOP to acquire Applebee's for $1.9 billion". NBC News. July 16, 2007. Retrieved July 12, 2019.
  4. Adamy, Janet (October 31, 2007). "IHOP's Tall Order: Reviving Applebee's". The Wall Street Journal. Retrieved July 12, 2019.
  5. Telesca, Jenna (February 22, 2019). "Dine Brands looks to acquire a regional chain". Nations Restaurant News. Retrieved March 4, 2019.
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