<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>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                           4,527
<SECURITIES>                                         0
<RECEIVABLES>                                   31,761
<ALLOWANCES>                                         0
<INVENTORY>                                      1,185
<CURRENT-ASSETS>                                43,820
<PP&E>                                         165,662
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 454,931
<CURRENT-LIABILITIES>                           42,617
<BONDS>                                        181,749
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            99
<OTHER-SE>                                     195,183
<TOTAL-LIABILITY-AND-EQUITY>                   454,931
<SALES>                                         21,718
<TOTAL-REVENUES>                                61,322
<CGS>                                           18,928
<TOTAL-COSTS>                                   35,020
<OTHER-EXPENSES>                                 3,016
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               4,457
<INCOME-PRETAX>                                 10,707
<INCOME-TAX>                                     4,122
<INCOME-CONTINUING>                              6,585
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     6,585
<EPS-PRIMARY>                                      .66<F1>
<EPS-DILUTED>                                      .65
<FN>
<F1> REPRESENTS BASIC EARNINGS PER SHARE
</FN>