1 of 12

The world is in the grip of Oscar fever and to heighten the mood, Hollywood has kicked off a whole range of parties and celebrations for the weekend.

The 5th annual Women in Film Pre-Oscar party was one such event and it took place at Cecconi's in West Hollywood on Friday night.

The Pre-Oscar Cocktail party was all about women in the film and entertainment business, as they gathered to enjoy and celebrate their achievements in showbiz.

From teen sensation Selena Gomez to "High School Musical" actress Vanessa Hudgens and Oscar nominees Jessica Chastian and Octavia Spencer, they all looked stunning in their dresses as they graced the occasion.

Gwyneth Paltrow co-hosted the cocktail party, along with Women in Film President Cathy Schulman.

Check out pictures of stars at the cocktail party...

Must Read: Oscar 2012 Red Carpet: Best Dressed Stars [Photos]