Art Basel and UBS present The Impact of COVID-19 on the Gallery Sector, a 2020 mid-year survey written by Dr. Clare McAndrew, Founder of Arts Economics. This report provides a unique analysis of how the COVID-19 pandemic has impacted the global Modern and contemporary gallery sector throughout the first six months of 2020. It also presents the results of a survey of high net worth (HNW) collectors across three major art markets – the US, UK, and Hong Kong SAR (China) – with a particular focus on how the COVID-19 crisis has changed their interactions with galleries in the art market.
We at Wetterling Gallery can warmly recommend reading this survery and report, in order to gain insights and information about how the ongoing pandemic are affecting us and how we can tackle it.