diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7b31d2b..6ce4333 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,22 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 
 ## [Unreleased]
 
+## [1.5.0] - 2021-05-16
+
+This release contains several new features. As of this release pytiled-parser supports 100% of Tiled's feature-set as of Tiled 1.6.
+
+As of version 1.5.0 of pytiled-parser, we are supporting a minimum version of Tiled 1.5. Many features will still work with older versions, but we cannot guarantee functionality with those versions.
+
+### Additions
+
+-   Added support for object template files
+-   Added `World` object to support loading Tiled `.world` files.
+-   Full support for Wang Sets/Terrains
+
+### Changes
+
+-   The `version` attribute of `TiledMap` and `TileSet` is now a string with Tiled major/minor version. For example `"1.6"`. It used to be a float like `1.6`. This is due to Tiled changing that on their side. pytiled-parser will still load in the value regardless if it is a number or string in the JSON, but it will be converted to a string within pytiled-parser if it comes in as a float.
+
 ## [1.4.0] - 2021-04-25
 
 -   Fixes issues with image loading for external tilesets. Previously, if an external tileset was in a different directory than the map file, image paths for the tileset would be incorrect. This was due to all images being given relative paths to the map file, regardless of if they were for an external tileset. This has been solved by giving absolute paths for images from external tilesets. Relative paths for embedded tilesets is still fine as the tileset is part of the map file.
diff --git a/pytiled_parser/version.py b/pytiled_parser/version.py
index fc98b8c..b16a143 100644
--- a/pytiled_parser/version.py
+++ b/pytiled_parser/version.py
@@ -1,3 +1,3 @@
 """pytiled_parser version"""
 
-__version__ = "1.4.0"
+__version__ = "1.5.0"