<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS OF IHOP CORP. AND SUBSIDIARIES AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                           3,616
<SECURITIES>                                         0
<RECEIVABLES>                                   23,438
<ALLOWANCES>                                         0
<INVENTORY>                                      1,091
<CURRENT-ASSETS>                                30,411
<PP&E>                                          96,060
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 269,787
<CURRENT-LIABILITIES>                           25,273
<BONDS>                                        105,497
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            95
<OTHER-SE>                                     116,623
<TOTAL-LIABILITY-AND-EQUITY>                   269,787
<SALES>                                              0
<TOTAL-REVENUES>                                84,757
<CGS>                                                0
<TOTAL-COSTS>                                   51,323
<OTHER-EXPENSES>                                 3,870
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,389
<INCOME-PRETAX>                                 12,282
<INCOME-TAX>                                     4,851
<INCOME-CONTINUING>                              7,431
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     7,431
<EPS-PRIMARY>                                     0.78
<EPS-DILUTED>                                     0.78