<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
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-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                           3,022
<SECURITIES>                                         0
<RECEIVABLES>                                   30,590
<ALLOWANCES>                                         0
<INVENTORY>                                      1,247
<CURRENT-ASSETS>                                37,462
<PP&E>                                         161,542
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 411,162
<CURRENT-LIABILITIES>                           36,427
<BONDS>                                        172,749
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            98
<OTHER-SE>                                     171,043
<TOTAL-LIABILITY-AND-EQUITY>                   411,162
<SALES>                                              0
<TOTAL-REVENUES>                               121,462
<CGS>                                                0
<TOTAL-COSTS>                                   73,055
<OTHER-EXPENSES>                                 5,506
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               8,216
<INCOME-PRETAX>                                 18,302
<INCOME-TAX>                                     7,138
<INCOME-CONTINUING>                             11,164
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    11,164
<EPS-PRIMARY>                                     1.14<F1>
<EPS-DILUTED>                                     1.12
<FN>
<F1>Represents basic earnings per share.
</FN>