IHOP restaurants, one of America's favorite restaurant chains, are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. IHOP restaurants feature moderately priced, high-quality food and beverage items, and table service in an attractive and comfortable atmosphere. IHOP restaurants are best known for their signature pancakes, omelettes and other breakfast specialties, which are served throughout the day and evening hours and loved by guests of all ages. More than half of IHOP restaurants are open 24 hours a day, 7 days a week. In 2011, an average of 2.4 million guests visited IHOP restaurants each week.
More than 99 percent of IHOP restaurants are operated by independent franchisees. As of March 31, 2012, there were 1,554 IHOP restaurants located in 50 states and the District of Columbia, Canada, Guatemala, Mexico, Puerto Rico and the U.S. Virgin Islands. The brand is also expanding into the Middle East, with IHOP franchises opening in Dubai and Kuwait in 2012.
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