The present paper analyzes the event known as art fair, and its role in the artistic circuit, by studying the Bogota Art Fair (ArtBo). Its cultural dimension is examined from the Pierre Bourdieu's culture sociology and its economic dimension from the sociology of the art market. The hypothesis is that the art fair is a node of symbolic capital redistribution and an urban entertainment center. This is contrasted through the application of surveys to the public and interviews with gallerists. The results confirm this hypothesis about the role of the fair in the contemporary circulation of symbolic goods.