Lively, 23, will be recognised as Hollywood's top emerging talent at the annual CinemaCon convention, hosted by the National Association of Theatre Owners.
"Blake recently captivated audiences and critics around the world with her stunning turn in The Town, and Green Lantern is one of the most anticipated films of the year," the Daily star quoted CinemaCon managing director Mitch Neuhauser as saying.
"We are thrilled to honour such a wonderful young talent," he added.
Her 'Green Lantern' co-star Ryan Reynolds will be handed CinemaCon's Male Star of the Year award at the gala in Caesars Palace on March 31, and Cameron Diaz is due to receive the Female Star of the Year prize.
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