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                                                FOR IMMEDIATE RELEASE
                                                Public and Investor Contact:
                                                Richard Hulnick, 973.808.7760
                                                rrh@primehospitality.com


               PRIME HOSPITALITY CORP. ANNOUNCES MANAGEMENT CHANGE

Fairfield, N.J., June 23, 2003 -- Prime Hospitality Corp. (NYSE: PDQ), today
announced that Sr. Vice President and Chief Financial Officer Douglas Vicari
will resign from the Company and leave his Board seat effective June 26, 2003.
The Company also announced that Richard Szymanski, Vice President of Finance,
will assume CFO duties until a permanent successor is found.

"We appreciate Doug's contribution as CFO and wish him continued success as he
pursues new career opportunities," said A.F. Petrocelli, President and Chief
Executive Officer of Prime. "Doug joined the Company in 1986 and was an
instrumental member of the management team that led Prime's restructuring in the
early 1990's." 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.

Statements in this press release, other than statements of historical
information, may constitute forward-looking statements pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. The
words "believe," "anticipate," "project," "expect," "intends," "may result,"
"will continue" and words of similar impact identify forward-looking statements.
Forward-looking statements involve known and unknown risks, which may cause the
Company's actual results in future periods to differ materially from expected
results. These risks include but are not limited to changes in economic
conditions, supply and demand changes for hotel rooms, competition within the
lodging industry, relationships with owners, franchisees and suppliers, the
impact of government regulations, the availability of capital, the ability to
attract and retain personnel and the impact of emerging technologies. Prime
undertakes no obligation to update the information set forth herein. For further
information regarding forward-looking statements and to some of the factors and
uncertainties affecting us, please refer to the Company's filings with the
Securities and Exchange Commission (SEC) copies of which are available from the
SEC or may be obtained upon request from the Company.

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                     700 Route 46 East, Fairfield, NJ 07004