European hostelry led by female (4)
I believe the answer is:
finn
'european' is the definition.
(someone from Finland)
'hostelry led by female' is the wordplay.
'hostelry' becomes 'inn' (synonyms).
'led by' is a charade indicator (letters next to each other).
'female' becomes 'f' (common abbreviation).
'inn' put after 'f' is 'FINN'.
(Other definitions for finn that I've seen before include "Someone from Turku" , "Huckleberry - -" , "adventurer in Mark Twain story" , "Northern European" , "Scandinavian such as Sibelius" .)