(c) The board may

1. (1) issue a new beverage dispensary tourism license if it appears that the issuance will encourage the tourist trade by promoting the construction or improvement of

   1. (A) a hotel, motel, resort, or similar business relating to the tourist trade with a dining facility or having kitchen facilities in a majority of its rental rooms and at least a minimum number of rental rooms required according to the population of the incorporated city, unified municipality, or population area established under AS 04.11.400(a) in which the facility will be located, as follows:

      1. (i) 10 rental rooms if the population is less than 1,501;
      2. (ii) 20 rental rooms if the population is 1,501 — 2,500;
      3. (iii) 25 rental rooms if the population is 2,501 — 5,000;
      4. (iv) 30 rental rooms if the population is 5,001 — 15,000;
      5. (v) 35 rental rooms if the population is 15,001 — 25,000;
      6. (vi) 40 rental rooms if the population is 25,001 — 50,000; and
      7. (vii) 50 rental rooms if the population is greater than 50,000; or
   2. (B) an airport terminal; and

2. (2) approve the renewal or transfer of ownership of a beverage dispensary tourism license initially issued under (1) of this subsection or initially issued as a beverage dispensary license under AS 04.11.400, as that section read on the date of the initial licensure, if the

   1. (A) holder of the license operates a hotel, motel, resort, or similar business relating to the tourist trade that

      1. (i) has a dining facility on the licensed premises or kitchen facilities in a majority of its rental rooms; and
      2. (ii) maintains at least the minimum number of rental rooms that the hotel, motel, resort, or similar business had at the time of initial licensure or that were required at the time of initial licensure; or
   2. (B) licensed premises are located inside an airport terminal.