diff --git a/README.md b/README.md
index 0945a5bae..a6ce3f3a6 100644
--- a/README.md
+++ b/README.md
@@ -19,14 +19,14 @@ ES-Hadoop 2.0.x and 2.1.x are compatible with Elasticsearch __1.X__ *only*
 
 ## Installation
 
-### Stable Release (currently `7.14.1`)
+### Stable Release (currently `7.16.0`)
 Available through any Maven-compatible tool:
 
 ```xml
 <dependency>
   <groupId>org.elasticsearch</groupId>
   <artifactId>elasticsearch-hadoop</artifactId>
-  <version>7.14.1</version>
+  <version>7.16.0</version>
 </dependency>
 ```
 or as a stand-alone [ZIP](http://www.elastic.co/downloads/hadoop).
@@ -38,7 +38,7 @@ Grab the latest nightly build from the [repository](http://oss.sonatype.org/cont
 <dependency>
   <groupId>org.elasticsearch</groupId>
   <artifactId>elasticsearch-hadoop</artifactId>
-  <version>7.16.0-SNAPSHOT</version>
+  <version>7.16.1-SNAPSHOT</version>
 </dependency>
 ```
 
diff --git a/buildSrc/esh-version.properties b/buildSrc/esh-version.properties
index f92aff624..478707b80 100644
--- a/buildSrc/esh-version.properties
+++ b/buildSrc/esh-version.properties
@@ -1,4 +1,4 @@
-eshadoop        = 7.16.0
-elasticsearch   = 7.16.0
-build-tools     = 7.16.0
+eshadoop        = 7.16.1
+elasticsearch   = 7.16.1
+build-tools     = 7.16.1
 lucene          = 8.8.2