We have properties in Bali. Just a quick paraphrase of the many conversations that we are having with guests and AirBnB right now.
From Guest:
Dear Host,
We want to cancel our stay next week because of Coronavirus because we don't want to travel from Australia (70+ cases) / Germany (670 Cases) / France (653 cases) etc. etc. to Bali (no cases at all). We await our 100% refund.
Dear Host,
Your guest has contacted us and is unable to travel due to the Coronavirus. We have therefore given them a 100% refund under our Extenuating Circumstances Policy. I am sure you as a host are happy with this policy as if a host has to cancel a booking due to Coronavirus, we also give 100% back to the guests. Either way the host receives no payment at all and so AirBnB is being entirely even handed and fair.
We realise that it is now far too late for anyone else to book your property, but that is not our concern. Our only concern is to make sure guests book through us again, and by over-riding the cancellation policy the guests agreed to and refusing to consider any travel insurance the guest may have, making the host give a 100% refund is the best way for us to do that.
We wish you all the best of luck in somehow magically finding a way to keep paying the salaries for your staff (we understand you are a fully serviced villa) and covering your villa bills and running costs and lastly finding a bit of cash for yourselves as we understand your properties your only source of income. If you don't then don't worry that is not any concern of AirBnB.
AirBnB values your business
A Very Junior Person in AirBnB