{"id":45792,"date":"2016-05-23T07:00:00","date_gmt":"2016-05-23T11:00:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/dineequity-enters-panama-with-first-ihop-restaurant-opening-in-panama-city-on-may-23\/"},"modified":"2016-05-23T07:02:19","modified_gmt":"2016-05-23T11:02:19","slug":"dineequity-proximo-a-entrar-el-mercado-panameno-con-la-inauguracion-del-primer-restaurante-ihop-el-proximo-23-de-mayo-liberar","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/dineequity-proximo-a-entrar-el-mercado-panameno-con-la-inauguracion-del-primer-restaurante-ihop-el-proximo-23-de-mayo-liberar\/","title":{"rendered":"DineEquity\u00ae Enters Panama With First IHOP\u00ae Restaurant Opening In Panama City On May 23"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">GLENDALE<\/span>, California\u00a0 and PANAMA CITY, <span class=\"xn-location\">Panama<\/span>, <span class=\"xn-chron\">May 23, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0DineEquity, Inc.\u00ae (&#8220;DineEquity&#8221;; NYSE:DIN), one of the world&#8217;s largest full service restaurant companies, will enter the <span class=\"xn-location\">Panama<\/span> market with the\u00a0first IHOP<b>\u00ae<\/b> restaurant (&#8220;IHOP)&#8221; opening on <span class=\"xn-chron\">May 23<\/span> in Panama City, it was announced today by <span class=\"xn-person\">Daniel del Olmo<\/span>, President of International, DineEquity Inc.\u00a0 The restaurant is one of six IHOP locations planned for <span class=\"xn-location\">Panama<\/span> during the next five years under an agreement with franchise partner Collins Rada Group Inc. and its affiliates.<\/p>\n<p>Logo &#8211; <a href=\"http:\/\/photos.prnewswire.com\/prnh\/20150713\/235418LOGO\" target=\"_blank\" rel=\"nofollow\">http:\/\/photos.prnewswire.com\/prnh\/20150713\/235418LOGO<\/a> <\/p>\n<p>Located in Costa del Este, Avenida Centenario, <span class=\"xn-person\">Rada Plaza<\/span>, Ciudad de Panam\u00e1, the restaurant is expected to bring 150 new jobs to the economy as well as additional tax revenue and ongoing local spending on supplies, ingredients and marketing and other services.<\/p>\n<p>&#8220;We are delighted to bring the world famous IHOP menu and hospitality to our guests in <span class=\"xn-location\">Panama<\/span>,&#8221; said <span class=\"xn-person\">del Olmo<\/span>.\u00a0 &#8220;We&#8217;ve been interested in being part of this vibrant and growing market for some time, but wanted to ensure that we found a franchise partner that shared our commitment to bringing the very best of the brand to the country.\u00a0 We&#8217;re confident that with the Collins Rada Group, IHOP will bring its heritage of &#8216;Spreading Happiness Since 1958&#8217; to this location and others to come.&#8221;<\/p>\n<p>&#8220;We have been fans of IHOP&#8217;s unparalleled breakfast offerings and lunch and dinner entrees for years,&#8221; said <span class=\"xn-person\">Wendy Collins<\/span>, Collins Rada Group Inc. &#8220;We&#8217;ve always felt that the unique IHOP experience and food would be a great match for <span class=\"xn-location\">Panama<\/span> and we are delighted and excited to bring it here.\u00a0 We look forward to many years of &#8216;spreading happiness&#8217; in Panama City and around the country and we are already actively looking for our next location.&#8221;<\/p>\n<p>The IHOP restaurant will be the latest &#8220;California Heritage&#8221; model which pays tribute to the brand&#8217;s heritage given that the first IHOP restaurant opened in <span class=\"xn-location\">Southern California<\/span> in 1958.\u00a0 The new design is part of an innovative 360 degree brand evolution that also includes new brand positioning and marketing, menu items and presentation and a service culture that has been created as a result of the largest international research study in the company&#8217;s history, and is now being implemented internationally.\u00a0 DineEquity franchises two top brands that are leaders in their categories\u2014Applebee&#8217;s Grill and Bar is a leader in the casual dining category and IHOP restaurants is a leader in the family dining category. The last two years have seen record growth internationally for both DineEquity&#8217;s brands both in terms of new restaurants in existing markets as well as the addition of new countries and territories including <span class=\"xn-location\">Indonesia<\/span>, <span class=\"xn-location\">Guam<\/span>, <span class=\"xn-location\">the Philippines<\/span> and now <span class=\"xn-location\">Panama<\/span>.<\/p>\n<p>The restaurant will seat approximately 205 guests and will be open daily from <span class=\"xn-chron\">7:00 am to 11:00 pm<\/span>.\u00a0 <\/p>\n<p>ABOUT DINEEQUITY, INC.<\/p>\n<p>Based in <span class=\"xn-location\">Glendale, California<\/span>, DineEquity, Inc. (NYSE: DIN), through its subsidiaries, franchises and operates restaurants under the Applebee&#8217;s Neighborhood Grill &amp; Bar brand and franchises and operates restaurants under the IHOP brand. With more than 3,700 restaurants combined in 19 countries and U.S. territories and over 400 franchisees, DineEquity is one of the largest full-service restaurant companies in the world. For more information on DineEquity, visit the Company&#8217;s Web site located at <a href=\"http:\/\/www.dineequity.com\/\" target=\"_blank\" rel=\"nofollow\">www.dineequity.com<\/a>.<\/p>\n<p>ABOUT IHOP RESTAURANTS<\/p>\n<p>For more than 57 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.\u00a0 IHOP restaurants offer guests an affordable, everyday dining experience with warm and friendly service. \u00a0As of <span class=\"xn-chron\">March 31, 2016<\/span>, there were 1,684 IHOP restaurants in 50 states and the <span class=\"xn-location\">District of Columbia<\/span>, <span class=\"xn-location\">Puerto Rico<\/span> and <span class=\"xn-location\">Guam<\/span> as well as <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">Mexico<\/span>, <span class=\"xn-location\">Guatemala<\/span>, the <span class=\"xn-location\">Kingdom of Saudi Arabia<\/span>, <span class=\"xn-location\">Kuwait<\/span>, the <span class=\"xn-location\">United Arab Emirates<\/span>, <span class=\"xn-location\">Bahrain<\/span>, <span class=\"xn-location\">Qatar<\/span> and the Philippines.\u00a0 IHOP restaurants are franchised and operated by <span class=\"xn-location\">Glendale, Calif.<\/span>-based DineEquity, Inc. (NYSE: DIN) and its affiliates.\u00a0 <\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>Statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221; &#8220;plan&#8221; and other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those expressed or implied in such statements. These factors include, but are not limited to: the effect of general economic conditions; the Company&#8217;s indebtedness; risk of future impairment charges; trading volatility and the price of the Company&#8217;s common stock; the Company&#8217;s results in any given period differing from guidance provided to the public; the highly competitive nature of the restaurant business; the Company&#8217;s business strategy failing to achieve anticipated results; risks associated with the restaurant industry; risks associated with locations of current and future restaurants; rising costs for food commodities and utilities; shortages or interruptions in the supply or delivery of food; ineffective marketing and guest relationship initiatives and use of social media; changing health or dietary preferences; our engagement in business in foreign markets; harm to our brands&#8217; reputation; litigation; third-party claims with respect to intellectual property assets; environmental liability; liability relating to employees; failure to comply with applicable laws and regulations; failure to effectively implement restaurant development plans; our dependence upon our franchisees; concentration of Applebee&#8217;s franchised restaurants in a limited number of franchisees; credit risk from IHOP franchisees operating under our previous business model; termination or non-renewal of franchise agreements; franchisees breaching their franchise agreements; insolvency proceedings involving franchisees; changes in the number and quality of franchisees; inability of franchisees to fund capital expenditures; heavy dependence on information technology; the occurrence of cyber incidents or a deficiency in our cybersecurity; failure to execute on a business continuity plan; inability to attract and retain talented employees; risks associated with retail brand initiatives; failure of our internal controls; and other factors discussed from time to time in the Company&#8217;s Annual and Quarterly Reports on Forms 10-K and 10-Q and in the Company&#8217;s other filings with the Securities and Exchange Commission. The forward-looking statements contained in this release are made as of the date hereof and the Company assumes no obligation to update or supplement any forward-looking statements.<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">GLENDALE<\/span>, California\u00a0 and PANAMA CITY, <span class=\"xn-location\">Panama<\/span>, <span class=\"xn-chron\">May 23, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0DineEquity, Inc.\u00ae (&#8220;DineEquity&#8221;; NYSE:DIN), one of the world&#8217;s largest full service restaurant companies, will enter the <span class=\"xn-location\">Panama<\/span> market with the\u00a0first IHOP<b>\u00ae<\/b> restaurant (&#8220;IHOP)&#8221; opening on <span class=\"xn-chron\">May 23<\/span> in Panama City, it was announced today by <span class=\"xn-person\">Daniel del Olmo<\/span>, President of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":45793,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-45792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-comida-y-bebida"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/45792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=45792"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/45792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/45793"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=45792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=45792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=45792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}