The International House of Pancakes (IHOP) is a United States-based restaurant chain that specializes in breakfast foods and is owned by DineEquity. While IHOP's focus is on breakfast foods such as pancakes, waffles, French toast and omelettes, it has evolved into also offering a menu of lunch and dinner items.The chain has 1398 restaurants in all 50 states, Canada, Mexico and Puerto Rico. 11 are corporate-owned; 157 are operated under area licenses.