FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

AZZURRO CAPITAL INC 		2. Issuer Name and Ticker or Trading Symbol

TRAVELZOO [ tzoo ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O MOORE STEPHENS, PO BOX 743, SUITE 5 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/13/2019
(Street)

WATERGARDENS 4, J1 GX11 1AA
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   6/13/2019     S    43000   D $16.83   (1) (2) 6013000   I   (3) Shares sold were directly owned by Azzurro Capital Inc.  
Common Stock   6/14/2019     S    13000   D $16.9   (2) (4) 6000000   I   (3) Shares sold were directly owned by Azzurro Capital Inc.  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  Sale prices for the shares sold ranged from $16.75 to $17.04.
(2)  The reporting person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each price.
(3)  Indirect ownership applies to Ralph Bartel and the 2005 Ralph Bartel Trust.
(4)  Sale prices for the shares sold ranged from $16.71 to $17.19.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
AZZURRO CAPITAL INC
C/O MOORE STEPHENS
PO BOX 743, SUITE 5
WATERGARDENS 4, J1 GX11 1AA
X

Ralph Bartel 2005 Trust
C/O FEDELTA TRUST LIMITED
29/31 ATHOL STREET, OMAR HOUSE BLDG
ISLE OF MAN, X0 1M11LB
X

BARTEL RALPH
CASELLA POSTALE 823
6612 ASCONA, V8 6612 		X X


Signatures
Ralph Bartel, Authorized Signatory 6/17/2019
** Signature of Reporting Person Date

Ralph Bartel, Authorized Signatory 6/17/2019
** Signature of Reporting Person Date

Ralph Bartel 6/17/2019
** 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 4(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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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