Hotel heiress and reality television star Paris Hilton is engaged to her boyfriend of five months, Paris Latsis, according to a report published by 'People' magazine. The 27-year-old Latsis is the heir to a Greek shipping fortune. No date has been set for the wedding.

Hilton's spokesman Rob Shuter told 'People,' 'They are happy and excited.'

It will be the first marriage for both Paris Hilton and Paris Latsis. According to published reports, Latsis proposed to the hotel heiress last Wednesday after the 24-year-old Hilton returned from a promotional tour of Europe.

Hilton is best known for starring in the reality television show 'The Simple Life' with former friend Nicole Richie. She also co-stars in the recently released remake of 'House of Wax' and has been famous for an unauthorized sex tape of her and an ex-boyfriend being made available over the internet.

'I'm very in love, he's the one,' Hilton told 'People.'. 'I want to have kids in the next two years, because I know that completes your life.'

Paris Hilton trying to handle a newborn and changing diapers at 3 AM? Sounds like a great idea for a reality show...