Dine Brands International Continues Global Expansion with First IHOP® Restaurant Franchisee Deal in the Caribbean

Rhea-AI Summary

Dine Brands International has announced the opening of its first IHOP location in Nassau, The Bahamas, scheduled for late 2022. This initiative follows an agreement with Bahamas Limited, which includes plans for 16 IHOP restaurants across the Caribbean in the upcoming years. The new IHOP aims to cater to both locals and tourists, offering a casual dining experience with signature menu items and special offerings for children and seniors. The expansion highlights Dine Brands' commitment to growth in strategic markets, including North America and the Caribbean.

Positive

• First IHOP restaurant in Nassau, The Bahamas, scheduled for late 2022.
• Plans for 16 additional IHOP openings in the Caribbean over the next few years.
• Expansion into the Caribbean reflects Dine Brands' growth strategy.

Negative

• None.

First restaurant opening in The Bahamas, planned for late 2022

GLENDALE, Calif.--(BUSINESS WIRE)-- Dine Brands International today announces plans for the first IHOP^® location in Nassau, The Bahamas, scheduled to open in late 2022 through an agreement with Bahamas Limited, which also calls for 16 IHOP restaurant openings in the Caribbean over the next few years.

Dine Brands International Continues Global Expansion with First IHOP® Restaurant Franchisee Deal in the Caribbean (Photo: Business Wire)

“We are excited to bring IHOP to the English-speaking Caribbean islands. We’ve seen success in Puerto Rico and believe guests in this new market are sure to fall in love with the brand’s world-famous pancakes and familiar comfort foods,” said William Urrego, Regional VP of Franchise Operations, Dine Brands Global, Inc.

“The Caribbean is an important growth market for Dine Brands, and The Providence’s well-developed tourism infrastructure and recent large-scale hotel and resort investments, as well as shopping center developments, help position it as the perfect location for IHOP’s first restaurant in the Island,” added Urrego.

The new IHOP location will be a casual dining space for guests to come together and enjoy IHOP’s signature menu in addition to special items for children and seniors, and local breakfast favorites.

“We can’t wait to introduce IHOP to The Bahamas. The brand’s relaxed atmosphere and family-friendly fare will be a welcomed addition as locals look for a place to gather at all hours,” said Franchisee Burton Rodgers. “This will be the first of many locations to come and we look forward to providing gainful career opportunities to members of these communities.”

Dine Brands International continues to place emphasis on growth in markets, including North America, The Middle East, Asia, and Latin America. For more information on international franchise opportunities, click here.

About Dine Brands Global, Inc.

Based in Glendale, California, Dine Brands Global, Inc. (NYSE: DIN), through its subsidiaries, franchises restaurants under both the Applebee's Neighborhood Grill + Bar and IHOP brands. With approximately 3,440 restaurants combined in 16 countries and approximately 350 franchisees, Dine Brands is one of the largest full-service restaurant companies in the world. For more information on Dine Brands, visit the Company’s website located at www.dinebrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220112005205/en/

Media Contact

Susan Nelson

Vice President, Communications

Dine Brands Global, Inc.

Susan.Nelson@dinebrands.com

Investor Contact

Ken Diptee

Executive Director, Investor Relations

Dine Brands Global, Inc.

Ken.Diptee@dinebrands.com

Source: Dine Brands Global, Inc.

FAQ

When is the first IHOP restaurant opening in The Bahamas?

The first IHOP restaurant in The Bahamas is scheduled to open in late 2022.

How many IHOP locations are planned for the Caribbean?

There are plans for 16 IHOP restaurant openings in the Caribbean.

What company is behind the IHOP restaurant in Nassau?

Dine Brands International is the company behind the IHOP restaurant in Nassau.

What are some features of the new IHOP location in Nassau?

The new IHOP will offer a casual dining experience with signature menu items, special offerings for children and seniors, and local breakfast favorites.