answer:
The Featured Meetup spot on your Meetup Group's page can be used to highlight special Meetups, like an anniversary, holiday party or signature event.
Featuring a Meetup moves it to the top of the upcoming Meetup list. Only Organizers of the Meetup Group can 'Feature' a Meetup.
On your Meetup Group's home page, find the Meetup you'd like to feature. Scroll over it, and the gold star icon to 'Feature' a Meetup is in the top right.

Click the gold star, and the featured Meetup will be moved to the top of the Meetup list. 
NOTE: Organizers using the new look can feature more than one Meetup.