The Erawan Group Public Company Limited is a hospitality company of Thailand, formerly known as Amarin Plaza PCL. The company and its affiliates operate hotels, office buildings and shopping centers. The Erawan is headquartered in Bangkok and listed on the SET100 Index of the Stock Exchange of Thailand.
History
The Erawan Group was founded as the Amarin Plaza Company in 1982, a partnership between the Vongkusolkit and Wattanavekin families, in order to build and operate the Amarin Plaza shopping mall. It was the Vongkusolkits' first diversification into real estate, as the family, owners of the Mitr Phol Group, mainly did businesses in the sugar industry. The Wattanavekins were the founders of Kiatnakin Bank, and also had sugar and cane businesses. The project was conceived when Isara Vongkusolkit was offered a deal with the Srivikorn family, who owned the land on Phloen Chit Road near the Ratchaprasong Intersection.
The company expanded into the hospitality industry in a government joint-venture to rebuild the Erawan Hotel, which neighboured Amarin Plaza. The company was listed on the Stock Exchange of Thailand