Donna Svennevik/ABC
Darren Franich
January 21, 2013 AT 04:09 PM EST

People reports that veteran journalist Barbara Walters was hospitalized on Saturday night, after falling on steps during a pre-inauguration party at the British Ambassador’s residence. The 83-year-old Walters cut her forehead and was taken to a hospital immediately. She appeared in good spirits after the fall, but a spokesman for ABC tells EW that Walters remains in the hospital under observation. As a result, Walters will not be able to contribute as planned to ABC News’ inauguration coverage.

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