How Much Are Cancellations Costing Your Hotel
Think acquiring is just another expense? Use the calculator to see how much revenue you are actually losing to cancellations and how much you could protect with prepayments.
Without Prepayments
Roomnights booked online per month
Average Daily Rate (ADR)
Cancellation
rate
rate
Roomnights cancelled
725
Revenue lost
per month
per month
–$58,000
With Online Payments Enabled
New cancellation rate
20,50%
Based on Exely data, booking guarantee lowers cancellations by 18% on average.
Roomnights
cancelled
cancelled
594,5
Saved by reducing
cancellations
cancellations
$10,440
Retained from
cancellations
cancellations
10%
Saved by collecting
cancellation penalties
cancellation penalties
$4,756
Revenue secured monthly
$15,196Revenue secured annually
$182,352Estimates do not include payment gateway fees.
Find More Ways to Improve Revenue
Run quick calculations to see how cancellations, sales mix, and hotel tech impact your results.
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