Nicky Hilton Rothschild and James Rothschild will soon be a family of five! As People shared on Tuesday, the New York socialite and her husband are set to welcome their third baby, which is certainly exciting news for the couple!

Hilton Rothschild's rep confirms her pregnancy

Hilton Rothschild, who is the sister of heiress Paris Hilton, married Rothschild in 2015 in a lavish ceremony at London's Kensington Palace. They share two daughters who are just a year apart in age. Now, thanks to Hilton Rothschild's representative, we know that 5-year-old Lily and 4-year-old Theodora are getting a brand-new sibling.

While People did not include a direct quote from the star's rep, the outlet confirmed the pregnancy and shared information on Hilton Rothschild's due date! She is expected to give birth to her new little one sometime this summer, a timeframe that suggests she is currently somewhere around 3 or 4 months pregnant.

Nicky Rothschild and James Rothschild attend Maison de Mode hosts 3rd Annual Sustainable Style Awards on February 8, 2020.

It's been an exciting few months for the Hilton sisters, since Paris recently tied the knot herself. The star, who launched her own podcast This Is Paris last year, married fiancé Carter Reum in November. And with Hilton Rothschild set to expand her family, perhaps it won't be long until Paris decides to follow in her younger sister's footsteps by having children of her own!