Art Basel Paris to Give Galleries a 20% Discount After Early Closure
The announcement comes two weeks after an industry group penned a letter demanding compensation and accusing event organizers of “disrespect, even contempt."
After closing two days early last month, citing the ongoing nationwide protests in France, Art Basel Paris announced today, November 11, that all galleries would receive a 20% discount on their final invoices.
Art Basel Paris director Karim Crippa sent a letter to all participating galleries announcing the discount, describing the partial compensation plan as "a fair and considered way forward," per ArtNews. While the invoice reduction reportedly applies to booth fees, it does not apply to third-party expenses that the fair did not cover, such as lights, custom layouts, and special order services. Final invoices are typically issued within a month of a fair's end date.
Art Basel Paris has not replied to Hyperallergic's immediate request for comment.
