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Posted inNews

Art Basel Will Refund Hong Kong Exhibitors 75% Of Booth Fee

| Art Basel will partially refund galleries slated to participate in its now-canceled Hong Kong fair, according to a fair spokesperson. MCH Group, Art Basel’s parent company, announced its decision to call off the fair yesterday, February 6, due to concerns related to the rapidly spreading coronavirus. A few weeks ago, the fair’s organizers had reportedly refused participating galleries’ request for a 50% reduction in booth fees, describing the concession as “financially untenable.” Read the full story here.