DineEquity, Inc to Open Five New Countries

DineEquity, Inc said Tuesday that it had signed four new multi-unit development agreements in the Middle East, Asia Pacific and Latin America, as part of its plan to double international locations over the next five years.

The firm’s IHOP brand will expand into Thailand and India, while Applebee’s will extend its growth in the Middle East through a development agreement with Mohammed Fakhro that includes the opening of six locations in Bahrain and Oman by 2023. Meanwhile, Applebee’s footprint in Latin America will also grow under an agreement for five new locations in Panama.

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