<PAGE>
Filed Pursuant to Rule 424(b)(3)
SEC File No. 333-45551
PROSPECTUS SUPPLEMENT TO
PROSPECTUS DATED FEBRUARY 10, 1998
AND PROSPECTUS SUPPLEMENTS DATED APRIL 8, 1998
JUNE 24, 1998 AND SEPTEMBER 25, 1998
PRIME HOSPITALITY CORP.
Common Stock
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The date of this Prospectus Supplement is October 28, 1998
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The following information supplements the Prospectus dated February 10,
1998 of Prime Hospitality Corp., a Delaware corporation (the "Company"), as
supplemented by the Prospectus Supplements dated April 8, 1998, June 24, 1998
and September 25, 1998, relating to the offering of up to 3,637,832 presently
outstanding shares (the "Shares") of Common Stock, par value $.01 per share (the
"Common Stock") of the Company from time to time by certain stockholders (the
"Selling Stockholders").
The following information is substituted in place of the table of
Selling Stockholders under "Selling Stockholders" to reflect the distributions
of Shares by certain previously identified Selling Stockholders to their
respective partners subsequent to February 10, 1998:
<TABLE>
<CAPTION>
No. of
Shares
Owned
Prior
to the
Offering
Selling Stockholder
- ----------- --------
<S> <C>
Developer Extended Stay Partners, L.P. (1).............................................. 363,326
Robert A. Faith (2)..................................................................... 826,542
Harlan R. Crow (3)...................................................................... 1,352,709
Crow Hotel Realty Investors, L.P. (4)................................................... 970,568
Crow Family, Inc. (5)................................................................... 1,349,673
Greystar Capital Partners, L.P. (6) (11)................................................ 424,427
Greystar Holdings, Inc. (6) (8)......................................................... 18,844
Clifford A. Breining (7)................................................................ 856
CFP Residential, L.P. (7)............................................................... 27,069
Patrick W Dukes (7)..................................................................... 1,603
E. Garth Erdossy (7).................................................................... 4,165
Robert M. Hutt (7)...................................................................... 1,923
Randy J. Pace (7)....................................................................... 3,530
J. Ronald Terwilliger (7)............................................................... 27,081
Bruce C. Ward (7)....................................................................... 7,663
JMI Investments ES 1996, Inc. (9)....................................................... 1,050,018
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
No. of Shares
Owned Prior
to the
Selling Stockholder Offering
------------------- ----------------------
<S> <C>
JMI Realty (10).........................................................................129,044
John J. Moores (11).....................................................................338,286
John J. Moores Jr. Trust (11)...........................................................155,430
Jennifer Ann Moores Trust (11)..........................................................155,430
Rachel Erin Shulman Trust (11).......................................................... 13,816
Jason Brian Shulman Trust (11).......................................................... 13,816
Britton Lee Baas Trust (11)............................................................. 13,816
Seth Joseph Baas Trust (11)............................................................. 13,816
Roseanne Elaine Baas Trust (11)......................................................... 13,816
Christopher Nathan Baas Trust........................................................... 13,816
Melissa Kristen Moores Trust (11)....................................................... 13,816
Charles E. Noell, III (11).............................................................. 13,816
Joel K. Oldham, IV (12)................................................................. 19,621
Mark Thomas Spiegel (13)................................................................ 12,713
Jeffery T. Roberts (11)................................................................. 34,540
William B. Buchanan, Jr. (11)........................................................... 6,908
Greystar Partners L.P. (14).............................................................116,106
David J. Elwell (7)..................................................................... 535
David J. Hubbard (7).................................................................... 9,064
Brian K. Cranor (7)..................................................................... 2,140
James E. Thomas, Jr. (7)................................................................ 4,052
Leonard W Wood Family LP (7)............................................................ 10,943
Joel S. Ehrenkranz (15)................................................................. 6,600
Sanford B. Ehrenkranz (15).............................................................. 3,020
Roger A. Goldman (15)................................................................... 1,175
Hans Albrecht (15)...................................................................... 66,921
Courtland Associates (15)............................................................... 237,486
Leslie A. Brenner (15).................................................................. 125
Laurence W Cohen (15)................................................................... 1,007
Rachel Covington (15)................................................................... 125
Amy G. Birmingham (15).................................................................. 447
Clyde P. Holland, Jr. (7)............................................................... 5,628
Scott A. Matthews (7)................................................................... 2,138
Jennifer L. Moriarity (7)............................................................... 428
Donald W White (7)...................................................................... 428
Douglas L. Daley (7).................................................................... 214
Michael Collins (7)..................................................................... 214
Douglas A. Hoeksema (7)................................................................. 3,206
Brad D. Bryant (7)...................................................................... 214
Greg W. Iglehart (7).................................................................... 1,603
Chris D. Wheeler (7).................................................................... 2,850
</TABLE>
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(1) Shares owned by Developer Extended Stay Partners, L.P. ("DESP LP") will
be voted by its general partner, DESP General Partner, L.L.C., until
such time as such shares are distributed by such partnership to its
partners, TCR Extended Stay I Limited Partnership ("TCR") and Greystar
Realty Services, L.P. ("Greystar Realty Services").
(2) Includes 18,844 shares owned by Greystar Holdings, Inc. ("GHl") of
which Mr. Faith is the sole stockholder. Mr. Faith disclaims beneficial
ownership of all such shares held by GM. Includes 363,326 shares owned
by DESP LP as to which Mr. Faith has shared voting power as a result of
his indirect ownership of a percentage interest in DESP General
Partner, L.L. C., the sole general partner of such partnership. Mr.
Faith disclaims beneficial ownership of all such shares beyond his
percentage ownership therein. Also includes (i) 259,051 shares
distributed by JMI/Greystar Extended Stay Partners, L.P ("JMI/Greystar
ESP") to JMI Investments ES 1996, Inc., as one of its limited partners
("JMI 1996"), and subsequently distributed by JMI 1996 to Mr. Faith, as
one of its limited partners, and (ii) 103,335 shares distributed by
JMI/Greystar Realty Partners L.P. CUMI/Greystar Realty") to Greystar
Partners, L.P. ("Greystar Partners"), as one of its limited partners,
and subsequently distributed by Greystar Partners to Mr. Faith, as one
of its limited partners. Also includes 81,986 shares of Prime Common
Stock issuable pursuant to fully vested options granted under the
Homegate Hospitality, Inc. 1996 Long-Term Incentive Plan (the " 1996
Plan").
(3) Includes 15,779 shares owned by Crow Family, Inc., of which Mr. Crow is
the sole director. Includes 970,568 shares owned by Crow Hotel Realty
Investors, L.P., as Crow Family, Inc. is the sole general partner of
each such partnership. Also includes 363,326 shares owned by DESP LP,
as to which Mr. Crow has shared voting power as a result of Crow
Family, Inc.'s ownership of a percentage interest in DESP General
Partner, L.L.C., the sole general partner of such partnership and 3,036
fully vested options granted under the 1996 Plan to non-employee
directors. Mr. Crow disclaims beneficial ownership of all shares other
than the shares subject to an option to acquire 3,03 6 shares of
Prime's Common Stock granted under the 1996 Plan.
(4) Includes 910,633 shares distributed by CRYESH Partners, L.P.
("CRI/ESIT") to Crow Hotel Realty Investors, L.P., as one of its
limited partners.
(5) Includes 8,420 shares owned by Crow Family, Inc., as the general
partner of ESH Partners, L.P. and 7,359 shares owned directly by Crow
Family, Inc. Includes 970,568 shares owned by Crow Hotel Realty
Investors, L.P., of which Crow Family, Inc. is the sole general
partner. Also includes 363,326 shares owned by DESP LP as a result of
Crow Family, Inc.'s ownership of a percentage interest in DESP General
Partner, L.L.C., the sole general partner of such partnership.
(6) Consists of shares distributed by DESP LP to Greystar Realty Services,
as one of its limited partners and subsequently distributed by Greystar
Realty Services to the holder, as a partner.
(7) Consists of shares distributed by DESP LP to TCR, as one of its limited
partners, and subsequently distributed by TCR to the holder, as a
limited partner.
(8) Consists of (i) 13,816 shares distributed by JMI/Greystar ESP to GHI
as its general partner,
(ii) 2,370 shares distributed by JMII/Greystar Realty to GHI as its
general partner, and (iii) 1, 161 shares distributed by
JMI/Greystar Realty to Greystar Partners, as one of its limited
partners, and subsequently distributed by Greystar Partners to
GHI, as its general partner.
(9) Consists of shares distributed by JMI/Greystar ESP to AU 1996, as one
of its limited partners. All such shares were subsequently distributed
by JMI 1996 to its partners.
(10) Consists of (i) 10,569 shares distributed by JMII/Greystar ESP to JMI
1996, as one of its limited partners, and subsequently distributed by
JMI 1996 to JMI Realty, as one of its limited partners, and (ii) II
8,475 shares distributed by JMI/Greystar Realty to JMI Realty, as one
of its limited partners.
(11) Consists of shares distributed by JMI/Greystar ESP to JMI 1996, as one
of its limited partners, and subsequently distributed to the holder, as
a limited partner.
(12) Consists of (i) 13,816 shares distributed by JMII/Greystar ESP to JMI
1996, as one of its limited partners, and subsequently distributed by
JNH 1996 to Mr. Oldham, as a limited partner, and (ii) 5,805 shares
distributed by JMI/Greystar Realty to Greystar Partners, as one of its
limited partners, and subsequently distributed by Greystar Partners to
Mr. Oldham, as a limited partner.
(13) Consists of (i) 6,908 shares distributed by JMI/Greystar ESP to JMI
1996, as one of its limited partners, and subsequently distributed by
JMI 1996 to Mr. Spiegel, as a limited partner, and (ii) 5,805 shares
distributed by JMEI/Greystar Realty to Greystar Partners, as one of its
limited partners, and subsequently distributed by Greystar Partners to
Mr. Spiegel, as a limited partner.
(14) Consists of shares distributed by JMI/Greystar Realty to Greystar
Partners, as a limited partner. Greystar Partners subsequently
distributed all such shares to its partners.
(15) Consists of shares distributed by CRI/ESH to the holder as a
limited partner.
