diff --git a/NEWS.md b/NEWS.md
index c3030e66b0..a9ef75c46e 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,15 @@
+### Tiled 1.7.2 (10 August 2021)
+
+* Avoid automatically replacing external tilesets with "similar" ones
+* Fixed copying and capturing stamps on staggered maps (with Alexander Dorogov, #2874)
+* Fixed possible crash in Tile Animation Editor
+* Fixed data loss when saving maps with tilesets that failed to load (#3106)
+* Fixed creating multi-layer tile stamp from selection (#2899)
+* Scripting: Automatically reset object ID when adding to avoid duplicate IDs
+* Linux: Possible workaround for crash in clipboard manager
+* Updated to Sentry 0.4.12
+* Updated Italian translation
+
 ### Tiled 1.7.1 (9 July 2021)
 
 * Don't save export target and format to exported files
diff --git a/docs/conf.py b/docs/conf.py
index 76f85ffdbe..47030a5845 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -60,7 +60,7 @@
 # The short X.Y version.
 version = '1.7'
 # The full version, including alpha/beta/rc tags.
-release = '1.7.1'
+release = '1.7.2'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/tiled.pri b/tiled.pri
index b6a8eab83e..02c77a4a67 100644
--- a/tiled.pri
+++ b/tiled.pri
@@ -1,5 +1,5 @@
 # Initialize the version
-isEmpty(TILED_VERSION):TILED_VERSION = "1.7.1"
+isEmpty(TILED_VERSION):TILED_VERSION = "1.7.2"
 
 # See the README file for instructions about setting the install prefix.
 isEmpty(PREFIX):PREFIX = /usr/local
diff --git a/tiled.qbs b/tiled.qbs
index 7d7fd7e6cd..54d30e0c7f 100644
--- a/tiled.qbs
+++ b/tiled.qbs
@@ -7,7 +7,7 @@ Project {
     qbsSearchPaths: "qbs"
     minimumQbsVersion: "1.12"
 
-    property string version: Environment.getEnv("TILED_VERSION") || "1.7.1";
+    property string version: Environment.getEnv("TILED_VERSION") || "1.7.2";
     property bool snapshot: Environment.getEnv("TILED_SNAPSHOT") == "true"
     property bool release: Environment.getEnv("TILED_RELEASE") == "true"
     property bool installHeaders: false