FORM 3



(Print or Type Responses) UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940        OMB APPROVAL
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1. Name and Address of Reporting Person*                       Neale-May, Donovan	2. Date of Event Requiring Statement     (Month/Day/Year)                   1/30/03	4. Issuer Name and Ticker or Trading Symbol                 Travelzoo Inc. (TVZO)
(Last)          (First)        (Middle) 602 El Salto Drive	3. I.R.S. Identification Number of Reporting     Person, if an entity (voluntary)	5. Relationship of Reporting Person(s) to Issuer                               (Check all applicable)      X  Director                                        10% Owner          Officer (give title below)             Other         (specify below)	6. If Amendment, Date of Original     (Month/Day/Year)       N/A
(Street) Capitola, CA 95010			7. Individual or Joint/Group Filing     (Check Applicable Line)      X  Form filed by One Reporting Person          Form filed by More than One Reporting           Person
(City)          (State)        (Zip)

Table I — Non-Derivative Securities Beneficially Owned

1. Title of Security     (Instr. 4)	2. Amount of Securities Beneficially     Owned     (Instr. 4)	3. Ownership Form:     Direct (D) or Indirect (I)     (Instr. 5)	4. Nature of Indirect Beneficial Ownership     (Instr. 5)
Common Stock	110,000	D

Form 3 (continued) Table II — Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security     (Instr. 4)	2. Date Exercisable and     Expiration Date     (Month/Day/Year)		3. Title and Amount of Securities Underlying     Derivative Security     (Instr. 4)		4. Conversion     or Exercise     Price of     Derivative     Security	5. Ownership     Form of     Derivative     Securities:     Direct (D)     or     Indirect (I)     (Instr. 5)	6. Nature of Indirect     Beneficial Ownership     (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	Immed.	10/30/11	Common Stock	30,000	$2	D
Stock Option (right to buy)	Immed.	3/25/12	Common Stock	5,000	$3	D

Explanation of Responses:

/s/ Donovan Neale-May	4/18/03
** Signature of Reporting Person	Date

Reminder:	Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.