Craving a stack of IHOP pancakes with a side of Applebee’s riblets? That will soon become a reality in Texas with a new restaurant that unites the two chains under the same roof.
New York — Dine Brands, which owns the two restaurants, announced that the combined Applebee’s- IHOP restaurant will open approximately 35 miles west of San Antonio early next year, marking the first time the company has brought the concept to the United States.Plans for the dual-branded restaurant were announced earlier this year as part of Dine Brand’s plan to grow the two restaurants, which both reported lackluster earnings Wednesday.
“By operating both brands out of a single store and utilizing a shared kitchen, the company is looking to drive visits throughout the full day and reduce the costs of operating two separate restaurants.”So far, 13 of the dual-branded restaurants are open, including in Canada, Latin America and the Middle East. The company is “seeing a lot of success” with them and expects they “will also fuel our growth rate next year,” according to Dine Brands CEO John Peyton on an earnings call this week.
Ihop Ihop Applebees Restaurant
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