1
                                                                       EXHIBIT 5


                                ITT CORPORATION
                          1330 AVENUE OF THE AMERICAS
                         NEW YORK, NEW YORK  10019-5490


Richard S. Ward
Executive Vice President and General Counsel


                                                                October 16, 1995


ITT Destinations, Inc. and
ITT Corporation
1330 Avenue of the Americas
New York, New York  10019-5490

Re:      Debt Securities and Warrants to Purchase Debt
         Securities of ITT Destinations, Inc.; Guarantee of Debt
         Securities by ITT Corporation

Dear Sirs:

                 This opinion is being furnished on behalf of ITT Destinations,
Inc. (the "Company") and ITT Corporation ("ITT") in connection with the proposed
offering by the Company of Debt Securities (the "Debt Securities") and Warrants
(the "Warrants") to purchase such Debt Securities in an aggregate initial
offering price not to exceed $2,000,000,000 (collectively, the "Securities").
The Debt Securities will be issued under the Indenture (the "Indenture") among
the Company, ITT and The First National Bank of Chicago, as Trustee, which Debt
Securities, subject to certain conditions, will be unconditionally guaranteed as
to principal, premium, if any, and interest (the "Guarantees") by ITT.  (The
Debt Securities may also be issued under indentures with one or more other
banking institutions to be qualified as Trustees pursuant to Section 305(b)(2)
of the Trust Indenture Act of 1939.) The Warrants will be issued under a Warrant
Agreement (the "Warrant Agreement") between the Company and a Warrant Agent.
The Securities are being registered under the Securities Act of 1933, as
amended, under a Registration Statement on Form S-3 (the "Registration
Statement").

                 I have examined originals or copies, certified or otherwise
identified to my satisfaction, of such documents, corporate records,
certificates of public officials and other instruments as I have deemed
necessary for the purpose of this opinion.

                 Upon the basis of the foregoing, I am of the opinion that,
when the Indenture and the Warrant Agreement shall have been executed and
delivered, (i) the Debt Securities, when duly executed, authenticated and
delivered and (ii) the Warrants, when duly executed, countersigned and
delivered, against payment therefor in accordance with the terms of the
Underwriting Agreement or other Selling Agency or Distribution Agreement
relating thereto, and pursuant to the provisions of the Indenture and Warrant
Agreement, respectively, will be valid and binding obligations of the Company.
   2
                                                                              2


                 Upon the basis of the foregoing, I am of the opinion that, when
the Indenture shall have been duly executed and delivered, any Guarantees
pursuant thereto shall be valid and binding obligations of ITT. 

                 I hereby consent to the filing or incorporation of this
opinion as Exhibit 5 to the Registration Statement and to the reference to me
under "Legal Opinions" therein.

                                           Very truly yours,


                                           RICHARD S. WARD