Hotel is tempted originally to install old lift (5)
I believe the answer is:
hoist
'lift' is the definition.
(hoist can mean to lift something up)
'hotel is tempted originally to install old' is the wordplay.
'hotel' becomes 'h' (phonetic alphabet).
'originally' indicates taking the first letters.
'to install' indicates putting letters inside (inserted letters are installed).
'old' becomes 'o' (abbreviation).
The first letter of 'tempted' is 't'.
'h'+'is'+'t'='hist'
'hist' going around 'o' is 'HOIST'.
(Other definitions for hoist that I've seen before include "group of flags" , "Lift, raise" , "Raise with ropes" , "Winch" , "Come down" .)