In recent years, the number of citizens who travel abroad has continued to decrease while that of travel agencies has increased year by year. The highly competitive field of tourism urges major travel agencies to put much greater emphasis on brand marketing.The core resources of a travel agency include assets and capability. Brand equity is correlated to brand loyalty, brand awareness, perceived quality, brand association and brand-specific assets. The results from a survey conducted through questionnaires show that there is a significant correlation of positive impact between core resources and brand-specific assets, brand-specific assets and perceived quality, brand-specific assets and brand association, as well as between perceived quality and brand loyalty and awareness. Besides, there is a positive impact, though not up to significant level, of core resources on perceived quality, and of brand association on brand loyalty and awareness.