Crossword Genius

Like an important day that’s embarrassed landlady? (3-6)

Ross

I believe the answer is:

red-letter

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'like an important day' is the definition.
I can't tell whether this definition defines the answer.

'embarrassed landlady?' is the wordplay.
'embarrassed' becomes 'red' (someone may blush or go red when embarrassed).
'landlady?' becomes 'letter' (someone who 'lets').
'red'+'letter'='RED-LETTER'

'that's' acts as a link.

Can you help me to learn more?

(Other definitions for red-letter that I've seen before include "This day is memorable - hence scarlet missive" , "This day is memorable due to scarlet missive" , "(Sign of day that's) memorably important" , "Scarlet missive to signal memorable day" .)

I've seen this clue in The Times.
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