FORM 3
 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 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  CHAVY OLIVIER
 2. Date of Event Requiring Statement (Month/Day/Year)
05/18/2022		 3. Issuer Name and Ticker or Trading Symbol
Travel & Leisure Co. [TNL]
(Last)
(First)
(Middle)
C/O TRAVEL + LEISURE CO., 6277 SEA HARBOR DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
See remarks
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ORLANDO, FL 32821		 6. 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 127,236 (1)
D
 
Common Stock 4,195 (2)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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.

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 Security: 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 Options (right to buy)   (3) 03/04/2030 Common Stock 41,314 $ 41.04 D  
Stock Options (right to buy)   (4) 03/07/2029 Common Stock 20,910 $ 44.38 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CHAVY OLIVIER
C/O TRAVEL + LEISURE CO.
6277 SEA HARBOR DRIVE
ORLANDO, FL 32821		       See remarks  

Signatures

/s/ Jeff Zanotti as Attorney-in-Fact for Olivier Chavy 05/27/2022
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Restricted Stock Units previously granted under the Registrant's 2006 Equity and Incentive Plan.
(2) Shares of common stock.
(3) Stock options previously granted under the Registrant's 2006 Equity and Incentive Plan. 13,804 of the options are currently exercisable and the remaining 27,510 will vest in equal installments on March 10, 2023 and March 10, 2024, subject to the reporting person's continued employment with the Registrant.
(4) Stock options previously granted under the Registrant's 2006 Equity and Incentive Plan. 10,470 of the options are currently exercisable and the remaining 10,440 will vest on March 7, 2023, subject to the reporting person's continued employment with the Registrant.
 
Remarks:
President, Panorama and Travel + Leisure Club; Exhibit List: Exhibit 24 - Power of Attorney

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.