Small hole? A piece of a tire tube or rubber hose & a hose clamp should do fine for a temporary fix. But do definately get that hose replaced or have a new hose put onto the fittings.
A place here in West Palm put new hose on my BMW tranny line fittings. The lines would have cost nearly $200 each at the dealer. Got new hose put on the existing fittings in 10 minutes for $10. I sent them the biggest, best pizza I could find for lunch too.