Nice Matin and several other publications are reporting that the Monegasque royal and her husband Prince Albert are heading to the Oscars.
There's been no official confirmation from the royal palace that the pair are set to rub shoulders with George Clooney and Brad Pitt.
But that hasn't stopped commentators debating who would design her dress, if the couple do head to Hollywood.
Among the contenders are Giorgio Armani, the designers behind the former Olympic swimmer's elegant wedding gown.
She could choose Swiss label Akris – one of her favourites and the makers of her engagement outfit – or Christian Dior, a tried and tested label.
Attending the Academy Awards would be a poignant outing for Albert – whose late mother Princess Grace was an Oscar winner.
Before she retired from Hollywood, aged 26, to become Prince Rainier's wife, Grace won a trophy at the 1955 ceremony for her performance in The Country Girl.
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