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ITT SHERATON OPENS ITS TWELFTH AUSTRALIAN PROPERTY IN SYDNEY

 ITT SHERATON OPENS ITS TWELFTH AUSTRALIAN PROPERTY IN SYDNEY
 SYDNEY, Australia, April 13 /PRNewswire/ -- The Sheraton Sydney Airport Hotel, ITT Sheraton Corporation's 12th property in Australia and second in Sydney, has opened today, ITT Sheraton announced.
 "The Sheraton Sydney Airport Hotel is ITT Sheraton's first airport property in the Asia-Pacific region," said Tom Eden, vice president- director of marketing for ITT Sheraton's Asia-Pacific division. "As the area's premier operator of luxury resorts and city center hotels, we're now looking at expanding our presence into other key property segments, including additional airport locations and mid-scale properties in secondary markets," he said.
 "Asia-Pacific is the fastest-growing area of development for ITT Sheraton," Eden adds. More than 10 new properties are scheduled to open in the region between 1992 and 1993.
 Rounding out ITT Sheraton's coverage in Australia will be the Sheraton Towers Southgate in Melbourne, a luxury all-towers property opening in June.
 Elsewhere in Australia, the company has properties in Alice Springs, Ayers Rock, Brisbane, Darwin, Queensland (Gold Coast, Port Douglas, Townsville and Noosa), Sydney, Perth and Tasmania. ITT Sheraton is present in Auckland and Rotorua, New Zealand, and manages a resort in Nadi, Fiji. The company is scheduled to open its first resort in the Cook Islands in late 1993.
 The 318-room Sheraton Sydney Airport Hotel is part of the city's AUD$250 million Airport Central project which includes a retail commercial office tower. The property is half a mile from the airport terminal and features 24-hour room service; two restaurants and two lounges; fitness center; complimentary airport transfers; child care center; business center and 6,000 square feet of meeting space.
 Boston-based ITT Sheraton Corporation, a subsidiary of ITT Corporation (NYSE: ITT), is a worldwide network of nearly 450 owned, leased, managed and franchised properties operating in 62 countries.
 -0- 4/13/92
 /CONTACT: Evanthea Vlahakis of ITT Sheraton, 617-367-5334/
 (ITT) CO: ITT Sheraton Corporation ST: Massachusetts IN: SU:


EG -- NE015 -- 7785 04/13/92 12:59 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
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