Slave Girls from Beyond Infinity (movie, 1987)

Lovely and resourceful Daria and Tisa escape a space gulag only to crash land on a nearby world where a guy in tight pants named Zed is playing The Most Dangerous Game. Zed turns the girls and another guest loose in his jungle preserve to serve as the prey in a mad hunt. Armed only with knives and their wits, the girls must battle their way across the jungle to a hidden arms cache before Zed catches and kills them.