Jefferies Anticipates Outperformance from Starwood Hotels, Host Hotels, and LaSalle Hotel Properties

“We believe we could see outperformance by Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Host Hotels & Resorts Inc. (NYSE: HST) and LaSalle Hotel Properties (NYSE: LHO) given their strong higher end portfolios and concentration in urban gateway markets which have outperformed in 2Q11,” Jefferies wrote in a report focusing on gaming and lodging.

“Conversely in the case of Gaylord Entertainment Co. (NYSE: GET), while we remain bullish on the long term prospects for the story, our below consensus estimates reflect a more pronounced ramp in earnings as the year progresses than what the Street is forecasting, which could set the shares up for disappointment.”

Starwood Hotels & Resorts closed Monday at $56.57; Gaylord Entertainment closed at $30.76; Host Hotels closed at $16.98; LaSalle Hotel Properties closed at $26.26.