|
|
Article: ITT SHERATON ANNOUNCES EXPANSION PLANS FOR FOUR POINTS HOTELS IN LATIN AMERICA
- Article from:
- PR Newswire
- Article date:
- February 27, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK, Feb. 27 /PRNewswire/ -- Daniel P. Weadock, Senior Vice President, ITT Corporation (NYSE: ITT), President and Chief Executive Officer, ITT Sheraton Corporation, announced today that an agreement has been reached with Prointel, Ltd., of Bogota, Colombia, to develop 11 Four Points Hotels over the next four years in Latin America. The hotels will be located in Colombia, in the cities and resort communities of Bogota, Medellin, Santa Marta, Cali, Cartegena, Barranquilla, and Bucaramanga; in Quito and Guayquil, Ecuador; and one hotel in Caracas, Venezuela.
Four Points Hotels, ITT Sheraton's new mid-priced, full-service brand, was introduced in mid-1995 to better ...