The massive floating restaurant designed like a Chinese imperial palace on Aberdeen Harbor was known for its Cantonese cuisine and seafood dishes.
It received over 30 million guests since its establishment in 1976.
But Jumbo Floating Restaurant was forced to close in 2020 due to the pandemic, and all staff were laid off.
Parent company Aberdeen Harbour Restaurant Enterprises said it had become a financial burden to shareholders, as millions of Hong Kong dollars were spent on inspection and maintenance of the floating restaurant every year even though the restaurant was not in operation.
“We do not foresee that (Jumbo Floating Restaurant) can resume business in the immediate future,” the company said. It said potential deals to keep the restaurant open were thwarted by the high operating costs….