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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No.: 1
Name of Issuer: Prime Hospitality Corp.
Title of Class of Securities: Common Stock
CUSIP Number: 741917108
Check the following line if a fee is being paid with this
statement. (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Denver Investment Advisors LLC
Tax ID: 84-1284659
2. Check the Appropriate Box if a Member of a Group
a.
b.
3. SEC Use Only
4. Citizenship or Place of Organization
Colorado
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Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power:
2,382,160
6. Shared Voting Power:
None
7. Sole Dispositive Power:
3,849,760
8. Shared Dispositive Power:
None
9. Aggregate Amount Beneficially Owned by Each Reporting Person
3,849,760
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares
11. Percent of Class Represented by Amount in Row (9)
12.4%
12. Type of Reporting Person
IA
Item 1(a) Name of Issuer: Prime Hospitality Corp.
(b)Address of Issuer's Principal Executive Offices:
700 Rt. 46 East
Fairfield, NJ 07004
Item 2(a) - (c). Name, Principal Business Address, and
Citizenship of Person:
Denver Investment Advisors LLC ("DIA")
1225 17th Street, 26th Floor
Denver, Colorado 80202
Place of Organization: Colorado
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 741917108
Item 3. This statement is filed pursuant to Rules 13d-1(b), or
13d-2(b) and DIA is an investment adviser registered
under Section 203 of the Investment Advisers Act of
1940. This statement reflects DIA's beneficial
ownership as of December 31, 1995.
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Item 4. Ownership.
The information in rows 5 through 11 on the cover page
of this Schedule 13G is incorporated herein by
reference. See item 6 of this Schedule.
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Various persons other than DIA have the right to receive
or the power to direct the receipt of dividends from, or
the proceeds from the sale of, the common stock of the
Issuer.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported by the Parent
Holding Company.
N/A
Item 8. Identification and Classification of Members of the
Group.
N/A
Item 9. Notice of Dissolution of the Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the
issuer of such securities and were not acquired in
connection with or as a participant in any transaction
having such purposes or effect.
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
Denver Investment Advisors LLC
By:/s/ KENNETH V. PENLAND March 4, 1996
______________________ _____________________
Name: Kenneth V. Penland Date
Title: Chairman
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01301001.AN5
