Preps underway for Elton John Oscar party

With just days until the Academy Awards, workers were busy in West Hollywood on Thursday (February 21) setting up the venue for Elton John's 21st annual Oscar party.

Construction was well underway on the series of tents that will house the more than 900 invited guests.

John's husband, and co-host to the party, David Furnish said the party is not only an opportunity to celebrate the awards show, but also to raise money for the Elton John AIDS Foundation.

SOUNDBITE David Furnish saying:

"It's great to have an opportunity to take the world's biggest awards show, which attracts so much media attention and use that as a platform to raise money and awareness for HIV/AIDS. We've raised over 35 million dollars with this party over the last 21 years."

This year's party will feature pink, red and gold decor - along with an array of gourmet food and appetizers designed by celebrity chef Gordon Ramsay. It will also feature live music.

This year's guest list includes Miley Cyrus, Sharon Stone, Taye Diggs and Katy Perry, among others.