Nicky Hilton and Husband James Rothschild Expecting Baby No. 1

The Hilton Hotel heiress is pregnant with her first child nearly a year after marrying her banker beau.

AceShowbiz - Nicky Hilton and her banker hubby, James Rothschild, are having a new addition to their growing family. The 32-year-old hotel heiress is pregnant with her husband's baby. It's the first child for both of them.

"Nicky is very excited to become a mom," a source spills to PEOPLE. "She is feeling great!" The insider adds, "They've just begun telling close friends and family. Nicky and James are over the moon!"

Nicky and James got engaged in August 2014 in Lake Como, Italy. They later tied the knot in a lavish wedding at Kensington Palace in London last July. Her sister, Paris Hilton, served as maid of honor. The couple hasn't issued an official statement regarding the pregnancy news but they were recently spotted at Pottery Barn Kids at The Grove in Los Angeles.

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