Nicky Hilton engaged to James Rothschild

It’s almost like a Disney movie with an American industry backdrop as hotel princess Nicky Hilton is officially engaged to banking prince James Rothschild!

Us Magazine broke the news with a source telling them that James popped the question during the couple’s anniversary vacation in Italy over the weekend. “He took her out on a boat into the middle of Lake Como and he proposed, got down on one knee and everything,” the source reveals. “It was incredibly romantic and beautiful.”

Here’s a photo of Nicky in a boat on Lake Como that she posted on instagram on Sunday:

In addition to setting up the lake proposal, James also went the extra mile — or extra thousands of miles — to fly from his UK home to the United States to ask for Nicky’s parents’ permission to marry their daughter.

Nicky and James, who first met in 2011 at the Italian wedding of Petra Ecclestone and James Stunt, are now reportedly heading out on a European road trip to celebrate their engagement. Nicky posted this photo earlier today and captioned it, “Road trip continues..”

I zoomed in and it appears as though Nicky is not wearing her engagement ring:

I feel like we ain’t got a thing if we ain’t got that bling! 🙂

Congratulations to Nicky and James! I CANNOT wait to see what their wedding is going to be like!

Now we just need to find the right guy for Nicky’s sister…