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Prime Hospitality Corp. |
700 Route 46 East
Fairfield, NJ 07004 |
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Company Description |
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Prime Hospitality Corp. (NYSE: PDQ), 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 (full-service), 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. AmeriSuites is the Company's flagship all-suite brand and has become a favorite of both business and leisure travelers. A typical AmeriSuites hotel offers its guest an attractively designed suite with 25% more room space than a traditional hotel room. Each AmeriSuites provides its guest with upscale amenities such as kitchenettes with microwaves and refrigerators, complimentary continental breakfast, fitness rooms, business centers and pools. Approximately 20% of our AmeriSuites rooms are specially equipped Taking Car of Business suites, which contain an oversized desk with executive chair, two-line speakerphones, additional data ports and voice mail. Prime’s new upscale, full-service hotel brand will feature 200-500 guest rooms and suites, dining and entertainment venues, concierge-level services, meeting and banquet facilities, business centers, high-speed internet access, fitness centers, and automated check-in kiosks. Our Wellesley Inns & Suites chain offers consumers two excellent value opportunities with 75 Wellesley Inns and Wellesley Inns & Suites available throughout the USA. Our Wellesley Inns offer amenities such as free USA Today, free continental breakfast and expanded free and pay-per-view movies. Our Wellesley Inns & Suites include the same amenities but also offer suite accommodations in approximately half of the guest rooms. These suites, which are similar in size to our AmeriSuites room, include kitchenettes with stovetops, microwaves and refrigerators and offer separate living, sleeping and dining areas. Prime also operates full-service hotels primarily in the upscale segment with food and beverage service and banquet facilities under franchise agreements with Hilton, Radisson, Sheraton, Crowne Plaza, Holiday Inn and Ramada. Our full-service properties are concentrated in the Northeast and are generally positioned along major highways within close proximity to corporate headquarters, office parks, airports, convention or trade centers and other major facilities. With focus primarily concentrated on the business travelers our sales force also actively markets meeting and banquet services to groups and individuals for seminars, business meetings, holiday parties and weddings. - Limited Service Properties
In addition to its Wellesleys Inn & Suites chain, Prime also operates a number of other high quality limited service hotels, which offer comfortable accommodations without food and beverage operations. These properties, located in California, Minnesota, New Jersey and North Carolina, are operated under license agreements with national chains including Days Inn, Howard Johnson, Comfort Inn & Suites and Ramada Limited. |
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Why People Like to Work for Us |
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The Prime Hospitality Corporate vision is to achieve growth and profitability by:- Providing customers with a high standard of quality in our products and services that exceeds their expectations.
- Creating an atmosphere which promotes enthusiasm for one's work, mutual respect, and is sensitive to and supportive of individual needs.
- Providing the opportunity and resources to excel professionally and financially.
- Providing open communication to customers, associates, owners and others.
- Building a dynamic, well-trained creative team which is "1st in Hospitality"
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Company Statistics |
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Property Portfolio |
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| Types of properties we operate |
Hotel, All Suite, Extended Stay |
| Types of locations |
Airports, Major Cities, Small Cities, Suburban, Small Towns |
| Properties are located in |
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia |
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all properties. |
| Accounting | Centralized. |
| Reporting Requirements | We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 hours of reporting requirements per month.) |
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Internet Links |
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