diff --git a/DESCRIPTION b/DESCRIPTION
index 4b8698f2..6ddd098f 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,5 +1,5 @@
 Package: forecast
-Version: 8.21.1.9000
+Version: 8.22.0
 Title: Forecasting Functions for Time Series and Linear Models
 Description: Methods and tools for displaying and analysing
              univariate time series forecasts including exponential smoothing
diff --git a/NEWS.md b/NEWS.md
index bf66bd03..21bffcce 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# forecast (development version)
+# forecast 8.22.0
   * hfitted now much faster for ARIMA models (danigiro, #949)
   * hfitted now much faster for ETS models, and produces fitted values from 
     initial states (#950)