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First IHOP-Applebee's joint restaurant coming to US: where and when it opens [FOX Business Network]

Dine Brands Global, Inc. (DIN) 
Last dine brands global, inc. earnings: 4/29 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.dineequity.com/news-releases
The corporate parent of the two chains said its inaugural U.S. dual-branded restaurant will be in Seguin, Texas . It is expected to open its doors in the first quarter of 2025. Seguin is about 40 minutes northeast of San Antonio and home to over 30,000 people. Dine Brands is bringing the joint IHOP-Applebee's concept to the city by renovating an IHOP restaurant in the area run by franchisee R. Hakim Corp. This news comes as Dine Brands CEO John Peyton told analysts and investors this week that the company is eyeing 15 sites in the U.S. for joint IHOP-Applebee's restaurants and "continue[d] to remain on-track to open our first U.S. domestic location" in the Texas city. Diners can expect the joint IHOP-Applebee's restaurant in Seguin to feature a shared kitchen and a combined menu. Its dining area will offer both IHOP and Applebee's sections side-by-side, according to an image of the planned dual-branded restaurant. Peyton said in a statement that the dual restaurant design " Show less Read more
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