Amidst the vibrant city of Paris, the recently concluded Paris+ by Art Basel 2023 marked a significant resurgence, thrusting Paris back into the spotlight as a dynamic global art hub. The event garnered significant attention with its display of remarkable artworks, notably featuring the long-hidden 1956 Rothko painting, fetching an astonishing $40 million and attracting a surge of interest from the art community. Alongside this, the David Zwirner gallery's commendable sales, including a Kerry James Marshall painting sold for $6 million, contributed to solidifying Paris's reemergence as a powerhouse in the international art scene.
 
Paris's artistic renaissance was not an isolated incident but part of a larger narrative of growth and rejuvenation, evidenced by the launch of Design Miami/ Paris and the introduction of three prestigious international galleries. This resurgence was further substantiated by the noteworthy expansion of the French art market to a remarkable $5 billion in 2022, as revealed by economist Clare McAndrew's comprehensive report, co-authored with UBS and Art Basel. Paris's amalgamation of tradition and innovation has enabled it to cater to the discerning tastes of the global art audience, cementing its position as a leading destination for art connoisseurs and enthusiasts.