The top hotel in the place perhaps (8)
I believe the answer is:
pinnacle
'the top' is the definition.
(pinnacle is a kind of top)
'hotel in the place perhaps' is the wordplay.
'hotel' becomes 'inn' (inn is a kind of hotel).
'in the' means one lot of letters goes inside another.
'perhaps' indicates an anagram.
'place' anagrammed gives 'pacle'.
'inn' going into 'pacle' is 'PINNACLE'.
(Other definitions for pinnacle that I've seen before include "Topmost point" , "Acme" , "Towering peak" , "Highest point of success" , "The highest point, peak" .)