Prime to Release 4th Quarter

Prime Hospitality Corp. will release its fourth quarter and year-end
earnings on Thursday, February 12, 2004 to be followed by a conference
call that day at 9:30 a.m. Eastern Time. Participating on the call will be
A.F. Petrocelli, Chairman and CEO, and Richard Szymanski, Senior Vice
President and CFO.
To Participate:
1.  Dial In Number: 1-800-243-6403
  2.  Give the operator your name and company affiliation.
  3.  The system will connect you with the conference group.

A playback will be available one hour after the completion of the
conference call through 2/26/2004. To listen to the tape, call
1-800-839-6713 and enter the conference ID#: 6046668.

If you have any questions about the teleconference please call Colleen
O`Hanlon, 973-882-1010.

Prime Hospitality Corp., one of the nation`s premiere lodging companies,
owns, manages, develops and franchises more than 260 hotels throughout
North America. The Company owns and operates three proprietary brands,
AmeriSuites(R) (all-suites), Prime Hotels & Resorts(sm) (full-service) 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