Commercial Art market slowly integrates into our everyday lives. It is now common that art galleries use commercial spaces such as restaurants and hotels to display their artworks. What is in it for both parties?
Obviously, by displaying artworks outside commercial gallery space, artists, artworks and galleries get better exposure to the public. Artworks are seen by hundred of people visiting the premises. Furthermore when the art piece is displayed against white wall of a commercial gallery customers can struggle imagining it in their homes; when they see the piece in the interior of a hotel room, artwork might looks more appealing. However, there are downsides of displaying artworks in public spaces because the attitude toward the artwork may be defined by the reputation of the restaurant/hotel/bar etc. So galleries should carefully select where to display artworks.
Public place are getting prestige and decoration. Terms with galleries may vary, but usually these places get a very good terms. The only downside I can think of is if their customers damage the artwork, but this occasion should be agreed beforehand.
The example of such collaboration is Neo Bankside, property development, has Emily Young‘s sculptures from Bowman Gallery, displayed around the houses. Emily is a British boss artist who started her career as a painter and then found her style in sculpturing. Her sculptures are displayed around the houses, next to trendy restaurants and most importantly next to Tate Modern. So this is an amazing exposure for the artist, being seen not only by residents of the buildings, customers of the restaurants but most importantly by Tate visitors.
From my point of view, this collaboration between galleries and commercial spaces is a great phenomenon for the public. They get to learn and admire different artists and be surrounded by beauty.