
[KALE CAREY]
IT’S A QUESTION FAMILIES ASK EVERY DAY – WHAT’S FOR DINNER?
AND UNLESS YOU ARE AT A MALL FOOD COURT – EVERYONE USUALLY HAS TO DECIDE ON ONE TYPE OF FOOD.
BUT NOW ONE RESTAURANT OPERATOR IS OFFERING VARIETY WHEN FAMILIES DECIDE TO GO OUT FOR THEIR NEXT MEAL – BY COMBINING TWO POPULAR CHAINS UNDER ONE ROOF.
DINE BRANDS RECENTLY OPENED ITS FIRST DUAL-BRAND CONCEPT RESTAURANT IN THE U.S. FEATURING BOTH AN APPLEBEE’S AND AN IHOP.
[JOHN PEYTON]
“In February, we opened our first U.S. dual-brand location in Seguin, Texas. The restaurant is a stunning renovation of an existing IHOP and has exciting dishes on the menu that are exclusive to dual-brands, including buffalo chicken omelets, mimosas, and espresso martinis. In its opening week, the restaurant achieved sales of almost three times the amount of its performance as a standalone IHOP.”
[KALE CAREY]
JOHN PEYTON, THE CEO OF THE PASADENA-CALIFORNIA COMPANY — SAYS THAT IS ONLY JUST THE BEGINNING – WITH MORE DUAL-BRAND LOCATIONS ON THE WAY.
[JOHN]
“In fact, demand is multiples higher than our projected 2025 pipeline of 12 to 14 in the U.S. and we’re currently evaluating our development capabilities to see how fast we can execute on this strong pipeline.”
[KALE CAREY]
THE IDEA OF CREATING THE RESTAURANT COMBO STARTED WITH THE COMPANY’S INTERNATIONAL TEAM – AND NOW THERE ARE OVER 18 DUAL-BRAND SPOTS OUTSIDE THE U.S. WITH FIVE MORE ON THE WAY.
[JOHN]
“Our work to expand the footprint of dual-brands internationally served a double purpose — driving international growth and while surfacing valuable insights to support the U.S. launch of our dual-brand concept in 2025.
And we think that the dual-brand concept presents an exciting, efficient, and cost-effective way to introduce our brands to new markets.”
[KALE CAREY]
THE RESTAURANTS STILL PROVIDE THE SAME AESTHETICS AS THEIR STANDALONE VERSIONS – WHERE CUSTOMERS IN THE IHOP SECTION SIT IN THE TURQUOISE AND ORANGE BOOTHS – WHILE ACROSS THE WAY THOSE IN THE APPLEBEE’S SECTION CAN HANG OUT AT THE BAR.
IN BETWEEN IS THE HOST STAND TO GUIDE YOU TO YOUR PREFERRED REALM OF THE DINE BRANDS MULTIVERSE.
COOKS IN THE SINGLE KITCHEN MAKE ITEMS OFF BOTH TRIMMED-DOWN MENUS – CUSTOMERS CAN ORDER FOOD FROM EITHER ONE – NO MATTER WHERE THEY ARE SEATED.
PEYTON SAW THAT FOR HIMSELF DURING THE TEXAS OPENING.
[JOHN]
“When I was there for a couple of days, I saw at 10:30 in the morning, a four-top, two of whom had omelets, and two of whom had ribs. And the same thing in the afternoon, seeing steaks come out for dinner along with pancakes. So guests are really enjoying the variety there.”
[KALE CAREY]
PEYTON SAYS THE CONCEPT IS PAYING OFF – NOT ONLY IN THE FIRST U.S. LOCATION WHERE SALES WERE STRONGER IN THE SECOND WEEK THAN THE FIRST – BUT GLOBALLY.
THE CEO SAYS ON AVERAGE THE APPLEBEE’S –IHOP MASH-UPS ARE ACHIEVING 1 AND HALF TO TWO TIMES THE REVENUE COMPARED TO THEIR SINGLE BRAND COUNTERPARTS.
[JOHN]
In terms of the guest reaction, they’re loving the choice and the variety. That’s exactly what guests are looking for today. So to be able to choose from both the Applebee’s and IHOP menu all day is really terrific.
[KALE CAREY]
WHILE THE DUAL-BRANDED CONCEPT MAY BE NEW TO THE CASUAL DINING SCENE – IT’S BEEN AROUND FOR DECADES IN THE FAST FOOD ARENA – WITH COMPANIES LIKE YUM BRANDS AND CKE RESTAURANTS BRINGING TOGETHER MULTIPLE CHAINS TO SERVE A VARIETY OF CUSTOMERS LOOKING FOR CHOICE. NOW DINE BRAND IS HOPING TO HAVE THE SAME SUCCESS WITH ITS DUAL-BRAND LOCATIONS.
DINE BRAND’S 2024 NUMBERS FELL BELOW THE COMPANY’S EXPECTATIONS, BUT ITS CEO SAID WITH INNOVATION LIKE THE DUAL-BRAND CONCEPTS, PLUS A NEW APPLEBEE’S PROTOTYPE THAT’S IN THE WORKS — 2025 IS LOOKING ENCOURAGING.
AND HOPES FOR APPLEBEE’S AND IHOPS FANS, THESE DUAL-BRANDED SPOTS WILL BE JUST “TOO” GOOD TO PASS UP.
FOR STRAIGHT ARROW NEWS, I’M KALÉ CAREY.
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