DineEquity Aims To Open 20 IHOP Restaurants By 2025
DineEquity
Aims To Open 20 IHOP Restaurants By 2025
Global
full-service restaurant chain DineEquity Inc, which holds franchisee rights for
two category leading brands, Applebee’s Grill + Bar and IHOP (International House
of Pancakes) restaurants, has opened IHOP’s first restaurant in India and plans
to add 19 more outlets by 2025. With this launch, India has become the 19th
country where the breakfast chain has opened a restaurant.
Spread
across 2,100 sq.ft, the new outlet is opened in Gurugram. The company has
signed a multi-unit franchise agreement with Kwal's Group to bring IHOP to
India.
By the end
of this year, IHOP plans to add two more outlets in Delhi, including Select
CityWalk and Connaught Place. The brand will be spending around Rs 100 crore to
aid the expansion plans. Gary Moore, Vice President (International),
DineEquity, Inc., said, "With the ongoing growth of IHOP and the
introduction of this world-famous dining experience in India, this is a proud
moment for us."
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