Press Release: Prime Hospitality Corp.
June 14, 2002
FAIRFIELD, NJ -- Prime Hospitality Corp. (R) (NYSE: PDQ) announced yesterday the opening of its 74th Wellesley
Inns & Suites hotel, the Vance/Tuscaloosa Wellesley Inn & Suites in Vance, AL. The hotel was converted
from a Hawthorn Suites and represents the seventh hotel conversion to the Wellesley chain in the past year. It
is the first Wellesley Inn & Suites hotel in operation in the state of Alabama. The hotel is owned and operated
by Cama, Inc.
The Vance/Tuscaloosa Wellesley Inn & Suites contains 65 suites and is located at 11170 Will Walker Road in
Vance, AL just off I-59. It is located across from the Mercedes Benz Plant & Visitor Center and is approximately
15 miles from the University of Alabama.
In addition to the 74 Wellesley Inns & Suites in operation, Prime also has a pipeline of nine executed franchise
agreements for additional hotels. Prime intends to continue its focus on growing the brand through hotel brand
conversions.
Prime Hospitality Corp., one of the nation's premiere lodging companies, owns, manages, and franchises 238 hotels
throughout the United States. The Company owns and operates two proprietary brands, AmeriSuites® (all-suites)
and Wellesley Inns & Suites® (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, Holiday
Inn and Ramada. Prime can be accessed over the internet at http://www.primehospitality.com
and its brands can be accessed at http://www.amerisuites.com and http://www.wellesleyonline.com
.
SOURCE: Prime Hospitality Corp.