Dine Brands Global, Inc.'s (NYSE: DIN) affiliate, Dine Brands International, expands its global presence with new deals and the launch of its first dual-branded Applebee's and IHOP restaurant in San Pedro Sula, Honduras. The company has entered into a multi-unit development agreement with franchisee BLT Global Brands to open the first restaurant on Sept. 16, 2024.
The strategic expansion marks a key development in Dine Brands' international growth efforts. The new dual-branded restaurant in Honduras features both IHOP and Applebee's, designed to streamline operations and improve efficiency for franchisees. Dine Brands aims to enhance its market presence and drive further growth in the global restaurant industry with this concept.
The company is leveraging IHOP's morning popularity and Applebee's evening appeal to connect with and attract new guests worldwide. This strategy is aimed at offering consistent dining experiences throughout the day. The performance and returns of the dual-branded restaurants have improved, indicating the effectiveness of this approach.
The total number of international dual-branded restaurants is expected ...
