Dine Brands Global

Dine Brands Global, Inc. is a leading restaurant company that owns and franchises two prominent dining concepts: Applebee's Neighborhood Grill + Bar and International House of Pancakes (IHOP). With a focus primarily on the casual dining and family dining segments, Dine Brands operates through various segments, including Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The majority of its restaurants are franchised and located in the United States, with a significant portion of revenue generated from royalties based on franchise sales. Additionally, the company earns income by leasing restaurant locations to franchisees. As of the end of 2019, Dine Brands had over 1,700 Applebee's and nearly 1,900 IHOP franchised and area-licensed restaurants. Founded in 1958 and headquartered in Glendale, California, Dine Brands was previously known as DineEquity, Inc. before rebranding in 2018.