Stronger Forecasting Starts Here- Introducing our Risk of Cancellation Report

We all know the panic when a strong-looking month starts to shift when cancellations start to creep in, impacting occupancy, revenue and confidence in forecasting.

That’s why we’re particularly excited about one of our biggest new releases in a while: our new Risk of Cancellation Report.

Risk of Cancellation: A Clearer Picture of What’s Ahead

One of the biggest commercial frustrations for hotels is uncertainty. Forward bookings may look healthy one week, only for cancellations to shift the picture entirely.

While cancellations are a natural part of trading, understanding where risk exists before it materialises can make a significant difference to performance.

Our newest reporting functionality gives hotels greater visibility into potential cancellation risk, helping teams better understand where exposure may sit across their business. Rather than simply looking backwards at what has happened, hoteliers can gain forward-looking visibility into patterns, segments and behaviours that may influence future performance.

What does this mean in practice? More informed forecasting, greater confidence in pricing and inventory decisions, and fewer surprises.

For smaller teams in particular, it means less time second-guessing performance and more confidence in the decisions being made.

A Fresh New Look at Performance

We’ve also given our Year and Month View a refresh.

The new look is cleaner, easier to navigate and designed to help you quickly spot what’s performing well, where you may be pacing behind, and which segments are influencing your business.

What does this mean for you? Less digging and far greater clarity.

New: Portfolio Reporting & Hotel Grouping

For those managing more than one property, we’ve introduced new portfolio reporting and grouping functionality.

This makes it easier to view performance across multiple hotels while still maintaining visibility at property level.

Hotels can also be grouped in ways that reflect how businesses actually operate - whether by location, segment or property type - making comparison and strategic planning much simpler.

More Flexibility With Unique Events

Every hotel is different. Local events, market dynamics and unique trading circumstances all influence performance.

Because of that, we have added the ability for hoteliers to now add and prioritise their own unique events, giving greater context to performance and ensuring important local demand drivers are never overlooked.

In addition to being super proud of how our technology is evolving, for me the best part is that many of these updates came directly from customer feedback. Your feedback helps Right Revenue continually evolve and remain responsive to our customers needs in what is a very dynamic market.

So please keep the feedback coming!

And if you are interested in finding out more about any of the updates above, or find out more about how Right Revenue can help support your business, we would love to chat. Please feel free to contact us at ask@rightrevenue.co.uk