James Rothschild and Nicky Hilton attend 2015 American Museum Of Natural History Museum Dance at American Museum of Natural History on April 17, 2015 in New York City.
Credit: Bennett Raglin/WireImage

2016 is a year to celebrate for Nicky Hilton! The famed socialite, hotel heiress, and jewelry designer is pregnant with her first child, People reports.

Hilton wed banker James Rothschild last July at Kensington Palace (Kate Middleton and Prince William's London home) in an exquisite ceremony for which she donned a Valentino gown.

Before the nuptials, sister Paris Hilton told People that they were already “like a prince and princess.”

“They’re so loyal and they’re so in love. They’re the ultimate couple,” she said.

It seems the pair are already prepping for their new arrival, as People reports that they were recently spotted browsing at Pottery Barn Kids at The Grove in L.A. We can’t wait to meet the sure-to-be fashionable tot!