Dine Brands International Continues Expansion In South America With Deal To Bring IHOP® Restaurants To Ecuador
Through an agreement with new franchisee
The first location is expected to open in 2019, and overall, the deal is expected to create more than 340 new jobs in the Ecuadorian economy.
IHOP, which was founded in 1958 and recently celebrated its 60th anniversary, has been a global brand since 1969 and currently has restaurants in 13 countries and two U.S. territories. IHOP restaurants can be found in
"We are very pleased with the rapid progress of our announced strategy to focus on development in in
"It's especially gratifying that we are growing at this pace with the right franchisees who have the right experience and share our commitment to the Dine Brands mission: uniting communities over great food and memorable dining experiences, at our restaurants all over the world. Corporacion El Rosado is one of the most prominent companies in
"The classic IHOP experience—world famous breakfast items any time of day along with the wide variety of lunch and dinner items served with warm hospitality—is unique and one we can't wait to bring to our guests in
"Our expansion in
"I personally have worked with the Czarninskis earlier in my career and I have tremendous respect for their commitment and their achievements in the market and am delighted to have the opportunity to work with them again," Urrego continued. "Together, we look forward to being active members and contributors to the national Ecuadorian economy through both the new jobs we plan to create and the local supplies, construction, produce and taxes we hope to bring wherever and whenever we open new restaurants."
"Our IHOP brand has found great acceptance in our Latin American markets, beginning in 2007 with Mexico—now our largest market outside of the United States—and continuing through to
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ABOUT INTERNATIONAL HOUSE OF PANCAKES, LLC
For 60 years, IHOP has been a leader, innovator and expert in all things breakfast, any time of day. The chain offers 65 different signature, fresh, made-to-order breakfast options, a wide selection of popular lunch and dinner items as well as meals under 600 calories. IHOP restaurants offer guests an affordable, everyday dining experience with warm and friendly service. Today, there are more than 1,750 IHOP restaurants around the world, including restaurants in all 50 states and the
ABOUT RESTAURANTES UNIDOS RESTAUNSA S.A./ CORPORACION EL ROSADO
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SOURCE
Craig Hoffman, Dine Brands Global Inc., +1.818.637.3603, Craig.Hoffman@dinebrands.com