Travis has broken into the Blackburn first-team this season after being named on the bench for three games in the previous campaign.
The 20-year-old enjoyed his first-team debut this term, making three appearances in the FA Cup and two in the EFL Trophy.
Travis, who can play anywhere across the back four as well as in midfield, caught the eye when he came on early for the injured Corry Evans during last weekend's FA Cup third round clash with Hull City.
Wycombe Wanderers and Stevenage have both made enquiries for Travis as they look to take the player on loan for the second half of the season.
Blackburn boss Tony Mowbray is yet to make a decision on Travis, as his versatility means he is an important part of his plans with the club currently struggling after a number of injuries to key players.
Travis, who joined Blackburn from Liverpool in 2014, has progressed through the club's under-23 side and he was rewarded with a new deal at Ewood Park last summer.