With some persistent jitters around the health of the art market, Art Basel CEO Horowitz admitted a ‘period of recalibration’ was now in place. Dealers told Ocula that sales at Art Basel Hong Kong were just ‘okay’, while visitor numbers were ‘thin’, and exhibitors also had to negotiate the new censorious national security law introduced by the territory’s legislators (Art Basel has signed a new three-year partnership with Hong Kong’s tourist board; the fair also has a partnership with Art Week Tokyo, possibly indicating a hedging of their Asian presence). At the Swiss edition of the fair, however, there was a ‘sigh of relief’ after day one. This art fair model remains a gallery’s safest route to sales: 195 dealers, an increase of 27 percent from last year, signed up to take part in Art Basel Paris, now established in the newly renovated Grand Palais. Offsetting the growing nervousness, the Miami edition has offered smaller, cheaper booths for the first time, to increase the fair’s accessibility for participating galleries.