Rooms & Front Office
Cancellation Rate Calculator
Calculate cancellation rate for hotel and restaurant operations.
Use this tool to review booking lead time with a consistent period, denominator, and operating rule.
Category: Rooms & Front Office
Reservations booked 30, 12, 8, and 10 days before arrival → (30+12+8+10) ÷ 4 = 15 days
This formula converts source operating values into booking lead time for quick review.
Lead Time = Average(Arrival Date − Booking Date)
Can be measured by mean, median, or by revenue-weighted average. Segment/channel-specific lead time is often more useful than property-level average.