Remove cancelled bookings from current and future reservation display.
Since you can't undo cancellations there is no point in having them displayed together with future or current reservations. They could be displayed somewhere else. When you select all reservations the cancellations are also selected, at the same time your editing options on the left side of the display decrease because it now also refers to the cancelled bookings which you can't edit...Why? Either remove cancelled bookings at least from that display fully or let the select all button select everything but the cancelled bookings.
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Find out more on our release notes page:
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Christian Furtner commented
For me it is only intersting to see, when a reservation was cancelled for a particular reason. But often, the reason is "input error" so for these I agree with the above.