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THE MAGAZINE ART FAIR average size of individual stands may increase. This increase in quality of the logistical arrangements and architecture of the fair has also contributed to attracting greater attendances each year and with Art Basel’s wider networks, we believe there will be even greater interest from overseas markets to attend too. In particular what attracts more non Asian galleries to come to the fair ? Hong Kong became the world’s third largest art auction market after New York and London in 2007 and 2011, China overtook the US for the first time to become the largest art and antiques markets worldwide, so there is clearly huge potential for the development of the art market in Asia. Hong Kong provides a very accessible and central location for overseas gallerists. Galleries have also responded well knowing that we maintain a stringent selection process to ensure quality is first and foremost, to make sure the show is presenting the best galleries that show the very best art. We’ve had a much greater number of applicants than spaces and, it is likely to be one of the most competitive art fairs for Western galleries to get into as we are maintaining the 50/50 split of galleries from Asia and the Asia Pacific, and the West. What really makes Hong Kong art Fair that different from other art fairs in the world today, Asia One and Art Futures, for example? The final edition of ART HK took place in May this year. Next year will see the launch of the first edition of Art Basel in Hong Kong. The show differentiates itself from other art fairs in the region through its rigorous upholding of international standards of practice in terms of selectivity. It will differentiate itself from other art fairs globally through its truly global line-up and the diversity of work on view. 50% of the galleries will be from Asia and the Asia Pacific. People look for high quality art and ART HK, now Art Basel in Hong Kong, provides an unmatched opportunity to discover not only the latest and most cutting edge works from artists in Asia but also a wide range of world-renowned artists from around the world. The best art fairs are also occasions that bring the art 110 GAZETTE DROUOT INTERNATIONAL I N° 19
ART FAIR THE MAGAZINE ART HK 12 - Hong Kong International Art Fair 17- 20 May 2012, Exterior of HKCEC. N° 19 I GAZETTE DROUOT INTERNATIONAL 111 © ART HK 12: Hong Kong International Art Fair
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THE MAGAZINE CONTENTS CONTENTS ART
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THE MAGAZINE EDITORIAL DR Stéphani
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