Under the five-year agreement, Prime will oversee all facets of day-to-day hotel operations, including sales and marketing, human resources/staffing, and financial procedures. The three-story, 104 unit property will open in September, 1999 and is located on Edes Avenue off I-880. It is also two miles from Oakland International Airport, two miles from the Oakland Coliseum and three miles south of Oakland�s downtown business area. The hotel offers a business center, exercise facility, complimentary continental breakfast, 2,500 square feet of meeting space and a spa, sauna and sports bar.

�We are pleased to be entering into a relationship with such a well- respected operator,� noted Mike Amin, Managing Partner, The Amin Group. �Prime�s 30 years of industry experience will allow our property to achieve maximum operating potential. We believe this will be the beginning of a mutually beneficial affiliation and we are currently exploring other joint projects.�

The San Mateo, CA-based Amin Group is a series of family related hospitality operations that seek ownership, management, and development opportunities. Starting with one hotel in San Francisco in 1956, the company has expanded to 18 hotels throughout California and parts of Texas. As the company has grown, the focus has shifted from one of owning and managing to one of owning and developing. Their current hotel holdings or hotels under development include national chains such as Hilton Gardens, AmeriSuites, Quality Inns/Suites, Hawthorn Suites, Comfort Inns/Suites, Travelodge, and EconoLodge. 

Prime Hospitality Corp., one of the nation�s premiere lodging companies, is an owner, manager and franchisor of over 200 hotels throughout the United States and the U.S. Virgin Islands. The Company operates three proprietary brands, AmeriSuites® (all-suites), HomeGate Studios Suites® (extended- stay) and Wellesley Inns® (limited service). The Company previously announced that effective November 1, 1999, it will merge its Wellesley and HomeGate chains into the new Wellesley Inn Suites® chain. Also within Prime�s portfolio are owned and/or managed hotels operated under franchise agreements with national chains including Hilton, Sheraton, Radisson, Marriott, Holiday Inn, Ramada, Country Inns and Howard Johnson.