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ITT SHERATON JOINS TEAM DENNIS CONNER

 ITT SHERATON JOINS TEAM DENNIS CONNER
 BOSTON, Dec. 9 /PRNewswire/ -- ITT Sheraton Corporation will be a


sponsor of Team Dennis Conner in his quest to win the America's Cup '92, John Kapioltas, chairman, president and chief executive officer of ITT Sheraton, announced today.
 Team Dennis Conner, with its boat "Stars & Stripes," will commence racing Jan. 14, 1992 with Bill Koch's America-3 syndicate, who is challenging Conner to represent the United States in America's Cup '92. A winner from the three boats, one from Team Conner and two from Koch's syndicate, will compete against the 10 announced challenge syndicates in San Diego Bay with the finals being run in May 1992.
 As a "Stars & Stripes," sponsor, ITT Sheraton joins seven other American corporations in supporting Conner's efforts to win the America's Cup challenge.
 "ITT Sheraton is proud to be associated with Team Dennis Conner and his winning tradition," said Kapioltas. "We look forward to supporting 'Stars & Stripes' and participating in the international sporting event which will bring worldwide attention to both the United States and San Diego," he continued.
 ITT Sheraton joins the following six corporations supporting Conner, allowing him to be the only fully sponsored syndicate in the U.S.: Cadillac Motor Car Division of General Motors Corporation; Pepsi Cola; American Airlines; Hewlett-Packard; AT&T and Citizen Watch Company of America.
 ITT Sheraton plans to announce several events with Team Dennis Conner beginning in January 1992.
 Boston-based ITT Sheraton, a subsidiary of ITT Corporation, is a worldwide hotel network of nearly 450 properties operating in 62 countries.
 -0- 12/9/91
 /CONTACT: Evanthea Vlahakis, 617-367-5334; or Marje Bennetts, 213-626-1700, both of ITT Sheraton/ CO: ITT Sheraton Corporation ST: Massachusetts, California IN: LEI SU:


DH-DD -- NE008 -- 0709 12/09/91 16:43 EST
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Date:Dec 9, 1991
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