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                                                               Exhibit (10)(q)

                         AMENDMENT AND REINSTATEMENT OF
                     REAL ESTATE PURCHASE AND SALE AGREEMENT


         This AMENDMENT AND REINSTATEMENT OF REAL ESTATE PURCHASE AND SALE
AGREEMENT (the "Amendment") is made this _____ day of October, 2000, by and
between FRISCH'S RESTAURANTS, INC., an Ohio corporation ("Seller"), and
REMINGTON HOTEL CORPORATION, a Texas corporation ("Purchaser").

                                R E C I T A L S:

         A. Seller is the owner of a certain hotel commonly known as the Clarion
Hotel, Covington, Kentucky.

         B. Purchaser and Seller have previously entered into a certain Real
Estate Purchase and Sale Agreement (the "Agreement") dated August 10, 2000,
concerning the purchase and sale of the above referenced hotel.

         C. Pursuant to Purchaser's Termination Notice (as defined in the
Agreement) dated September 29, 2000, Purchaser terminated the Agreement during
the Inspection Period.

         D. Purchaser and Seller desire to reinstate the Agreement subject to
the terms and conditions of this Amendment. For purposes hereof, all terms with
their initial letter capitalized shall have the same meaning in this Amendment
as given in the Agreement.

                               A G R E E M E N T:

         1.    Reinstatement. Purchaser and Seller agree that the Agreement is
               hereby reinstated in full force and effect, the terms of which
               are hereby ratified and confirmed subject only to the
               modifications contained in this Amendment.

         2.    Purchase Price. Purchaser and Seller agree that the Purchase
               Price is hereby reduced from Twelve Million Four Hundred Thousand
               and No/100 Dollars ($12,400,000.00) to Twelve Million and No/100
               Dollars ($12,000,000.00), as adjusted pursuant to the terms of
               the Agreement and to be payable at Closing in immediately federal
               funds by wire transfer or other form acceptable to Seller.

         3.    Earnest Money. Concurrently with the execution hereof, Seller has
               deposited the Second Deposit in the sum of $250,000.00 with the
               Escrow Agent.

         4.    Closing Date. Purchaser and Seller agree that the Closing Date is
               hereby extended to a mutually acceptable date between Seller and
               Purchaser on or before November 6, 2000; provided, however,
               Seller shall reasonably cooperate with Purchaser to the extent
               Closing needs to be adjusted slightly in order to accommodate
               closing of its financing with Heller Financial.

         5.    Inspection Period. Purchaser and Seller agree that for purposes
               of general inspections, the Inspection Period has expired;
               subject, however to the agreement that


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                                                               Exhibit (10)(q)


               the Inspection Period shall be extended to Monday, October 16,
               2000, for purposes of Purchaser's obtainment of (i) a binding
               written commitment from Heller Financial for a first mortgage
               loan to facilitate the acquisition of the Property in a loan
               amount of $10,125,000.00, with a rate of LIBOR plus 3.75, a term
               of three years, and other terms reasonably acceptable to
               Purchaser, (ii) a ground lessor estoppel on terms reasonably
               acceptable to Purchaser and Heller, and (iii) Purchaser's
               confirmation that structural repairs required on the Property
               will not exceed the amounts set forth in this Eckland Consulting
               Report dated September 26, 2000. Purchaser commits and agrees to
               use its reasonable efforts to obtain a binding written commitment
               from Heller Financial and Seller agrees to use its reasonable
               efforts to obtain the ground lessor estoppel upon receipt of a
               draft thereof from Purchaser. In addition, Purchaser shall cause
               a further structural engineer review of the Property promptly to
               ascertain estimated costs of repair. In the event either of the
               three aforementioned items are not obtained prior to the
               expiration of the extended Inspection Period, then Purchaser
               shall have the right to terminate the Agreement in accordance
               with the terms of Section 4.6 of the Agreement in which event the
               Earnest Money shall be returned to Purchaser. Purchaser may, at
               its option, extend the time period for obtainment of the ground
               lease estoppel provided that the delivery thereof shall be a
               condition to Purchaser's obligation to close the acquisition of
               the Property.

         6.    Title. Purchaser and Seller acknowledge that Purchaser has not
               received a full title commitment covering the Property with
               respect to the fee simple properties owned by Seller. It is
               anticipated that the receipt thereof shall occur on October 9 or
               10, 2000, upon which Purchaser shall have the same review rights
               (including review of the revised survey) as provided in Section 5
               of the Agreement.

         7.    Limited Modification. Except as modified above, the Agreement
               shall remain in full force and effect, the terms of which are
               hereby ratified and confirmed by Purchaser and Seller.

         8.    Telecopy. A telecopy or facsimile of a duly executed counterpart
               of this Amendment shall be sufficient evidence of the binding
               agreement of the terms of this Amendment, provided, however, any
               signatory to such telecopy facsimile counterpart of this
               Amendment shall promptly thereafter deliver an original executed
               counterpart copy of this Amendment to the other party to this
               Amendment.


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                                                               Exhibit (10)(q)


         IN WITNESS WHEREOF, Seller and Purchaser have executed this Agreement
as of the date set forth below.

                                   PURCHASER:

DATED: October 9, 2000             REMINGTON HOTEL CORPORATION


                                   By: /s/David A. Brooks
                                      ------------------------------------
                                       David A. Brooks, Executive Vice President


                                   SELLER:

DATED: October 9, 2000             FRISCH'S RESTAURANTS, INC.


                                   By:      /s/Donald H. Walker
                                       --------------------------------
                                   Name:        Donald H. Walker
                                         ------------------------------
                                   Title:        VP - Finance
                                          -----------------------------


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