diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2bec8a18..e6dc4494 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 0.49.1 / 2024-03-18
+
+* [Fixed] Fix potential metric loss when open_buffer is combined with disable_buffering=False. See [#820](https://github.com/DataDog/datadogpy/pull/820).
+
 ## 0.49.0 / 2024-03-12
 
 * [Added] Add --restricted_roles option to Monitors API. See [#809](https://github.com/DataDog/datadogpy/pull/809).
diff --git a/datadog/version.py b/datadog/version.py
index 968fca5b..e72de01e 100644
--- a/datadog/version.py
+++ b/datadog/version.py
@@ -1 +1 @@
-__version__ = "0.49.1.dev"
+__version__ = "0.49.1"