The most common and most likely answer to this crossword clue is the 7 letter word ORLANDO
I've seen this crossword clue in Financial Times
O
R
L
A
N
D
O
More clues leading to the result ORLANDO
- Disembark in Gold Coast’s second city
- US resort where the men network and party
- Rosalind's lover in a city in Florida
- US city or territory, old
- Men network at party in US resort
- Florida city, territory in middle of autoroute
- Men network at party in southeastern city
- Golden light round Florida resort
- Spaniard possibly to win nothing when chasing gold
- US city or country, overpopulated originally
Buddy explains!

The straight part
We know that "L" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case l = orlando.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.