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The chain offered much of the same pizza and pasta dishes, with some additions like hamburgers and bread pudding. On May 30, 1997, PepsiCo spun off Pizza Hut, along with Taco Bell and Kentucky Fried Chicken, into a new company named Tricon Global Restaurants, Inc.

S. locations, the Bistro is similar to a traditional Pizza Hut, but with a menu that included previously unseen items, such as penne pasta, chicken pomodoro, and toasted sandwiches. Many of the previously working 2021 and 2022 codes have now been retired, so check back regularly and if you see any new codes arriving then make sure you try them as soon as possible.

On August 18, 2020, it was announced that Pizza Hut would be closing up to 300 restaurants after the bankruptcy of NPC International, one of its largest franchisees. Meat-Free Beyond Meat® Italian Style Sausage, Mozzarella Cheese With Peppers, Mushrooms And Red Onions. Some full-size Pizza Hut locations have a lunch buffet, with "all-you-can-eat" pizza, salad, desserts, and breadsticks, and a pasta bar.

The name change was a publicity stunt held on April Fools' Day, extending through the month of April, with the company's Dallas headquarters changing its exterior logo to Pasta Hut. On May 9, 2008, Pizza Hut created "The Natural" pizza, which featured natural ingredients and was sold in Seattle, Denver and Dallas. Pizza Hut purchased the naming rights to Major League Soccer club FC Dallas' stadium, Pizza Hut Park, prior to its opening in 2005, which were allowed to expire in January 2012.

Pizza Hut UK's chief executive at the time has insisted that this was solely intended as a "PR exercise" and the chain never planned on permanently changing its name in the UK or elsewhere. In China, Pizza Hut ( simplified Chinese: 必胜客; traditional Chinese: 必勝客; pinyin: Bìshèng Kè) used an altered business model, offering a fine-dining atmosphere with knives and forks and using an expanded menu catering to Chinese tastes. The company announced a rebrand that began on November 19, 2014, in an effort to increase sales, which had dropped in the previous two years.