Crossword Genius

Standing stone American tours regularly (6)

Ross

I believe the answer is:

status

'standing' is the definition.
(I've seen this before)

'stone american tours regularly' is the wordplay.
'stone' becomes 'st'.
'american' becomes 'a' (common abbreviation - e.g. in organisation names).
'regularly' indicates alternate letters (regularly take one letter, leave next etc.).
The alternate letters of 'tours' are 'tus'.
'st'+'a'+'tus'='STATUS'

(Other definitions for status that I've seen before include "and 9: Existing state of affairs", "High rank or prestige", "Standing, condition, position", "Place in society", "Rank or standing in society".)

I've seen this clue in The Telegraph.
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