In the 1970s and 1980s, the floating restaurant attracted prominent diners such as Bob Hope, Brian Mulroney, Mel Lastman, Robert Campeau, The Village People and Steve Stavro, and was a sought after location for weddings, bar mitzvahs and other events. However, in its latter years it lost favour as the city's gastronomical scene became more sophisticated and diverse and by 2002 Letnik was seeking bankruptcy protection Later reviews from local papers rated its culinary fare as average, despite the restaurant's boasts of having "the best seafood in town!", and reviews by patrons were decidedly mixed. The restaurant's clientele was primarily tourists with many bus tours stopping at the venue, as well as wedding receptions, bar mitzvahs and other parties.