Love is in the air for Hollywood's cutest couple, Selena Gomez and Justin Bieber this day of hearts. The Bieber who's known to spend all his hard earned cash to shower his "Mamacita Gomez" with much love and affection has once again gone overboard this Valentine's Day.

A diamond ring and an expensive love nest, what more can Selena Gomez ask for?

Selena Gomez is finally back home after her "We Own the Night" world tour and she's spending every bit of time she has with her 17-year old boyfriend, Justin Bieber. Yet that isn't the only thing worth celebrating. The 19-year old singer posted a photo of a sparkly ring on her Twitter yesterday.

It was obviously a pre-Valentine's present from her beau, Justin Bieber, given that the ring had the letter J on it. That promise ring alone isn't the only swoon-worthy news.

Selena Gomez's Diamond Ring. Courtesy of Twitter

Despite being busy with their separate careers, Selena Gomez who is currently filming "Spring Breakers" and Justin Bieber who is working on his next album "Believe", the two spent their Valentine's Day together at one of the most expensive and posh hotels in New York City.

Justin did rent out the whole Staples Center before so this move isn't a surprise for Beliebers and Seliebers alike.

So where exactly in New York is the "Jelena" duo spending their romantic getaway? The young couple is spending $2000 at the luxuriously large London Hotel. By the way, it's $2000 per night for a stay and Justin didn't just choose any ordinary suite.

It's the London Penthouse Suite to be exact and it's got 2,500 square feet that features breathtaking views of the Hudson River, the Central Park and the George Washington Bridge.

"The London Penthouse is going to be the largest the hotel has," says a source to Hollywood Life. "It's on the 53rd & 54 floor [a split level], 2 bedroom 2 bath with a king bed in the master bedroom." There is only one penthouse suite."

There are other features about the Penthouse suite worth mentioning given that it's the largest suite in the Hotel. Highlights of the bed include a Filli D'Oro Italian sheets plus handmade blankets which would definitely make it the perfect bed for snuggling. The suite features a marble set gas fireplace, an expansive dining room fit for eight people, three LCD flat screen TVs and two bedrooms with private dressing areas.

It's a jaw-dropping room but for Justin Bieber it's just one of those hotels that money can buy because it's all worth it as long as he's got his girlfriend, Selena Gomez, to share it with.