DIN A Closer Look at IHOP’s Development Agreement w TravelCenters of America
In October 2019, IHOP — owned by Dine Brands (DIN; Buy, $55.37) — announced a franchise development agreement with TravelCenters of America (TA; Not Rated) to open up to 94 IHOP restaurants in TA and Petro locations across the U.S. This is the largest franchise deal in IHOP’s history. That announcement can be viewed at:
https://www.ihop.com/en/news/2019/ihop-and-travelcenters-of-americaannounce-plans-to-open-nearly-100-restaurants