In March, the art world began its annual pilgrimage, setting forth to glitzy Dubai before journeying east to Hong Kong, where two art fairs, a flurry of back-to-back show openings and champagne-fueled “art parties” awaited. Although the economies of both regions have experienced hiccups in recent months, high prices were still being met as eager hands welcomed new stock.
Dubai
Shaking off the gloom of falling oil prices, visitors from across the emirates and around the world showed up for the milestone 10th edition of Art Dubai (3/16–19), the Middle East’s leading art fair. Although it expanded its geographical reach to include galleries from Georgia, Ghana, Lithuania, Oman, Palestine, Sri Lanka and the Philippines this year, Art Dubai’s statistics—94 galleries from 40 countries—remained similar to previous editions. All told, 27,500…