NEW YORK ( TheStreet) -- The hotels and resorts industry is expected to generate revenue of $6.4 billion and profit of $787 million during 2010 to 2011, based on strong domestic and international tourism and recovery in global economic growth.

The upturn in economic activity, led by robust movement in household disposable income, business revenue and profit, would rebound tourism and improve occupancy in the hotels and resorts industry. Meanwhile, investment in new hotels and consolidation among operators will increase enterprise and establishment numbers by 0.8% and 1.3% to 1,018 and 1,292, respectively. Besides, the industry's employment and wages are growing by 3.7% and 4.4%, respectively.

Analysts expect these eight hotel and resort stocks to generate lucrative returns for investors over the next 12 months. These stocks have 13% to 32% upside with strong buy, hold ratings.
8. MGM Resorts International ( MGM), a holding company, is engaged in providing gaming, hospitality and entertainment services through its wholly owned subsidiaries. The company owns and operates casino resorts that include gaming, hotels, dining, entertainment, retail and other resort amenities.

Of the 27 analysts covering the stock, 44% rated a buy and 48% advised a hold. Analysts polled by Bloomberg expect the stock to gain an average 13.5% to $16.10 in the next 12 months.

Total revenue for the first quarter of 2011 increased 3.2% to $1.50 billion from the year-ago period. Net loss narrowed to $89.9 million or 18 cents per share, compared to $96.7 million or 22 cents per share in the first quarter of 2010. The revenue per available room (RevPAR) during the quarter increased to $113 from $97 in the same quarter of 2010. Occupancy rate rose to 87% from 85%.

The company's non-gaming division, MGM Hospitality, recently announced plans to expand its operations in China by opening 30 hotels over the next three years, in a bid to capture the growing demand for luxury travel. Besides, MGM's initial public offering on the Hong Kong Stock Exchange raised $1.4 billion with the company owning a 51% stake and 29% stake retained by Ms. Pansy Ho, a Hong Kong-based businessperson. MGM Resorts would receive $311 million in net proceeds from Ms. Ho.

7. Strategic Hotels & Resorts ( BEE) is a self-administered and self-managed real estate investment trust (REIT) that acquires and asset-manages high-end hotels that are subject to long-term management contracts.

Of the 10 analysts covering the stock, 50% recommend a buy and 40% rate a hold. Analysts polled by Bloomberg foresee the stock gaining an average 13.5% to $7.40 in the upcoming 12 months.

For the first quarter of 2011, net loss narrowed to $35.4 million, or 23 cents per share, from $40.3 million, or 14 cents per share, in the first quarter of 2010. Total revenue for the quarter rose 12.6% to $175.5 million. Total RevPAR was up 10.4%, led by a 5.3 percentage point increase in occupancy and 2.7% increase in Average Daily Rate.

The REIT recently announced signing a letter agreement to acquire the remaining 49% interest in the InterContinental Chicago hotel for approximately 10.8 million shares of common stock at an agreed upon issuance price of $6.50 per share, $11.8 million cash, and closing adjustments for working capital. Its joint venture partner, an affiliate of The Government of Singapore Investment Corporation (GIC), currently owns the hotel. The transaction is expected to close during the second quarter of 2011.

Going forward, the company estimates comparable EBITDA for 2011 in the range of $140 to $150 million and comparable funds from operations per share between 1 cent and 7 cents. For full year 2011, the company estimates RevPAR growth of 7.5% to 9%.

6. Host Hotels & Resorts ( HST) is a self-managed and self-administered real estate investment trust (REIT). The premier lodging company conducts its operations through Host Hotels & Resorts, L.P. (Host L.P.) of which it is the sole general partner. The REIT has almost 120 hotels in its portfolio, consisting of luxury and upper upscale hotels with approximately 63,000 rooms.

Of the 26 analysts covering the stock, 46% recommend a buy and the remaining rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average 14.2% to $19.29 in the upcoming 12 months.

Revenue for the first quarter of 2011 was $903 million, increasing 9.7% from the year-ago period. Net loss narrowed to $60 million, or 9 cents per share, from $84 million, or 13 cents per share, in first quarter of 2010. Funds from operations increased 57% year-over-year during the quarter. For all the properties, RevPAR for the first quarter of 2011 rose to $116.6 from $108.9 in the year-ago quarter. Average occupancy rate stood at 66.2% as compared to 65.4% in the March 2010 quarter.

Going forward, the company estimates diluted earnings per share in the range of 1-cent to 6 cents, net income between $8 million and $42 million, and funds from operations per share between 88 cents and 93 cents. Adjusted EBITDA is forecast in the range of $1,010 to $1,045 million. Comparable hotel RevPAR for 2011 is likely to increase by 6% to 8%.

5. Choice Hotels International ( CHH), a hotel franchisor, engages in the franchising of lodging properties including brands like Comfort Inn, Comfort Suites, Quality, Clarion and Sleep Inn.

Of the 22 analysts covering the stock, 23% rated it a buy and 55% suggested a hold. Analysts polled by Bloomberg expect the stock to gain an average 14.8% to $39.09 over the next 12 months.

Total revenue for the first quarter of 2011 rose 7% to $115.3 million from the earlier year period. This translated into adjusted earnings per share increasing by 1 cent to 28 cents from the year-ago quarter. Additionally, occupancy rate at the end of the quarter improved 190 basis points to 42%. RevPAR grew 5.5% to $27.58.

During March 2011, Choice Hotels announced that it opened 27 newly-franchised properties including hotels in 13 states and 2 additional countries, adding more than 1,800 rooms to the existing base. The company declared a quarterly cash dividend of 18.5 cents per share of common stock payable July 15, 2011.

For the second quarter of 2011, the lodging franchisor estimates earnings per share at 43 cents. RevPAR is seen increasing by 5% during the second quarter and is pegged at 4% for full year. For 2011, EPS is estimated between $1.73 and $1.75, and adjusted EBITDA at $177 to $179 million.

4. Starwood Hotels & Resorts Worldwide ( HOT), a leading hotel and leisure company, conducts its business directly and through subsidiaries. The company's operations are divided into two business segments: hotels and vacation ownership, and residential. It is a franchisor of international brands such as The Luxury Collection, St. Regis, Four Points, among others.

Of the 31 analysts covering the stock, 61% recommend a buy whereas the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average 16.4% to $67.57 in the upcoming 12 months.

Total revenue for the first quarter of 2011 increased 9.1% to $1.3 billion from the year-ago quarter. Meanwhile, RevPAR increase for Same-Store Hotels operated worldwide was 10.4% as compared to 2010 first quarter. During the quarter, the company signed 29 hotel management and franchise contracts and opened 21 hotels and resorts.

For the second quarter of 2011, earnings per share are estimated in the range of 42 cents to 46 cents. Going forward into 2011, the company has raised its earnings per share guidance in the range of $1.6 to $1.7 from the earlier $1.55 to $1.65. Meanwhile, EBITDA is pegged between $975 million and $1 billion. Additionally, RevPAR growth for 2011 is estimated at 7% to 9%. Besides, the company has moved its headquarters to Shanghai to focus on a potentially bigger market. Starwood has 90 properties in the pipeline for China compared to just 33 in the U.S.

3. LaSalle Hotel Properties ( LHO), a self-managed and self-administered REIT, engages in the business of purchase, ownership, redevelopment and lease of upscale and luxury full-service hotels located in convention, resort and urban business markets. The company conducts its operations through LaSalle Hotel Operating Partnership and LaSalle Hotel Lessee.

Of the 18 analysts covering the stock, 61% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average 18.7% to $31.09 in the upcoming 12 months.

Total revenue for the first quarter of 2011 increased to $138.4 million from $108.2 million in the same quarter of the prior year. Net loss narrowed to $19.3 million or 26 cents per share, compared to $25.8 million or 40 cents per share during the first quarter of 2010. Adjusted FFO for the quarter was $10 million, or 13 cents per share, from $2.9 million, or 5 cents per share, in the year-ago quarter. Meanwhile, RevPAR was up 7% to $114.7, led by a 1% increase in occupancy to 66.8%.

For 2011, the REIT estimates RevPAR of 6% to 8%. Adjusted FFO is likely to range between $120.1 and $128.1 million, or $1.57 to $1.68 per share. Meanwhile, adjusted EBITDA is forecast in the range of $196 to $206 million. Capital investments for the quarter are pegged at $65 to $70 million.

2. Las Vegas Sands ( LVS), owns and operates The Venetian Las Vegas including The Sands Expo Center; The Palazzo, Sands Bethlehem, Sands Macao, The Venetian Macao, Four Seasons Macao, and other properties such as Asia and Marina Bay Sands.

Of the 28 analysts covering the stock, 75% recommend a buy and 21% rate a hold. Data from Bloomberg has analysts forecasting the stock gaining 25.2% to $52.67 in the upcoming 12 months.

Net revenue for the first quarter of 2011 was a record $2.1 billion, surging 58.2% from the prior-year period. The company swung to a net income of $228.2 million, or 28 cents per share versus net loss of $28.9 million, or 4 cents per share, in year-ago quarter. Strong visitation at the three Macau properties -- The Venetian Sands, Four Seasons Hotel, and Plaza Casino -- saw occupancy rates increase to 86.5%, 84.9%, and 64.6%, respectively. Average occupancy at the Las Vegas property was 83.9%, while Marina Bay Sands in Singapore recorded 86.3%.

The company recently said that it is planning to expand operations in Macau and Singapore and has approached banks for a loan worth $3.525 billion for its assets in Macau. Additionally, in a separate development, Reuters reported that an institutional shareholder is planning to sell almost 120 million shares in Sands China, the Macau unit of Las Vegas Sands, to raise $301 million. On May 16, 2011, the company made a quarterly dividend payment of $2.50 per share on its outstanding 10% Series A Cumulative Perpetual Preferred Stock.

1. Vail Resorts ( MTN), a public holding company, has grouped its operations into three business segments: Mountain -- owns and operates five ski resorts and ancillary businesses; Lodging - owns and manages luxury hotels; and Real Estate -- owns and develops real estate in and around Vail's resort communities.

Of the 10 analysts covering the stock, 60% recommend a buy and 30% rate a hold. Data from Bloomberg has analysts forecasting the stock gaining 31.6% to $59.71 in the upcoming 12 months.

The company is scheduled to release its third quarter results on June 9, 2011. As per consensus estimates of analysts polled by Bloomberg, net revenue is seen increasing by 18% to $413.7 million from the same period a year ago. Also, net income is forecasted to increase to $79.96 million or $2.15 per share from $72.78 million or $1.98 per share in third quarter of 2010.

For the second quarter of 2011, the company disclosed 14.7% increase in RevPAR and a 6.3 percentage point rise in occupancy. For the period April 25, 2010 to April 24, 2011, the company's ski season metrics were significantly positive. Lift ticket revenue was up 8% from the prior year period, while Vail's ski school reported revenue increase of 8.4%. Meanwhile, dining revenue and retail/rental revenue grew 9% and 8.3%, respectively.

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