Applebee'S Locations Closing 2024. Applebee's parent company announced it would be closing several applebee's restaurants in 2024, but would offset the closings by opening 25 new ihop restaurants. Dine brands global, which owns both applebee’s and ihop, will be closing multiple applebee’s locations across the u.s.
Red lobster abruptly shuttered more than 50 of its u.s. Applebee’s closed dozens of locations in 2023—and the casual dining chain expects to shrink even more in 2024.