12/19/2012 12:22 pm ET Updated Dec 20, 2012

Michelle Obama On White House Holidays: 'I'm The Hostess In Chief' (VIDEO)

Visit for breaking news, world news, and news about the economy

With Barack Obama earning TIME magazine's "Person Of The Year" title today, there's bound to be even more magic and merriment underway behind the White House doors.

On hand to see that it all goes off without a hitch: FLOTUS, of course, also known as the "Hostess In Chief," a title given to the first lady by the first lady herself.

"I'm the hostess in chief. We host a number of events here for a whole range of people," Michelle Obama told "Today" show correspondent Jenna Bush Hager while running down the first family's favorite yuletide traditions for a taping of "A White House Christmas, First Families Remember," airing at 8 p.m. Thursday on NBC.

"This is the most special time to be in the White House. It’s the one time of the year when we really open up the White House. We have thousands and thousands of visitors just streaming through every day. It's beautiful, everything looks great, the smells are magnificent. So it's just special, very special," Obama said.

And though Michelle O says she looks forward to carrying out her Hostess In Chief duties in the days ahead -- which include welcoming important guests -- she says the family will actually spend Christmas some 5,000 miles away from the White House in Hawaii, where the president grew up.

“We go out there, and we spend time with friends and family," she said, finally revealing what she plans to get Barack this year. "That tends to be our gift to each other, the president and I. We don’t exchange gifts. We say, ‘We’re in Hawaii. Merry Christmas.’’’

What a clip of FLOTUS' chat with Jenna Bush Hager in the video above.



Michelle Obama Unveils The 2012 White House Holiday Decorations