Art Basel Paris Returns to Grand Palais

Art Basel Paris is set to open its third edition from October 18-20, 2024, marking its inaugural event at the newly renovated Grand Palais, a venue that can accommodate 41 additional galleries compared to previous years. This year's fair features 195 galleries from 42 countries, with 53 first-time exhibitors, reflecting a significant increase in participation. Director Clément Delépine highlights the fair's evolution, stating it symbolizes a broader commitment to Paris as a leading art market, especially as London faces challenges post-Brexit. New sections like 'Premise' will showcase older artworks, expanding the fair's scope. Additionally, the art market in Paris shows promising growth, with auction sales up 12% in early 2024, contrasting with declines in London. Despite some national political uncertainty, optimism remains high among exhibitors and visitors alike.