Everyone Home for the Holidays

Prime Hospitality Corp. , announced today that from now through January
11, 2004, AmeriSuites is offering travelers special holiday rates from
$59.00 per night as part of their “Home for the Holidays” promotion.

As part of the promotion, and while supplies last, Home for the Holiday
guests will receive one copy of Fodor`s Great American Travel Guide, which
is a $20.00 value. Rates are valid 7 days a week and are based on
availability at time of booking.

“Families can visit friends or other family members over the holidays, but
stay in a comfortable suite,” said Jim Gard, Vice President of Marketing
Services for Prime. “In addition, the Fodor`s book will give them a leg up
on next years vacation travel, including a $10-off coupon.”

To reserve your Home for the Holidays rate, please visit our website at
http://www.amerisuites.com/ and enter HHOL in the hotel corporate ID
location and HOME in the password location. Reservations may also be made
by calling central reservations at 800-333-1516 and asking for the Home
for the Holidays rate.

Prime Hospitality Corp., one of the nation`s premiere lodging companies,
owns, manages, develops and franchises more than 240 hotels throughout
North America. The Company owns and operates three proprietary brands,
Prime Hotels & Resorts(SM) (full-service), AmeriSuites(R) (all-suites),
and Wellesley Inns & Suites(R) (limited service). Also within Prime`s
portfolio are owned and/or managed hotels operated under franchise
agreements with national hotel chains including Hilton, Radisson, Sheraton
and Holiday Inn. Prime can be accessed over the Internet at
http://www.primehospitality.com/ and its brands can be accessed at
http://www.amerisuites.com/, http://www.primehotelsandresorts.com/, and