Previously, Ctrip and eLong focused on the leisure travel industry, but over the last two years, other strong competitors such as Qunar have entered the market, causing a massive drop in hotel revenues, which had previously reached 12%-15%, said one unnamed executive at an e-commerce firm. Price wars have intensified this year among companies such as Ctrip, eLong and Qunar, causing their profits to dip lower and lower. To cope with the rising competition, some operators have begun to explore business-to-business (B2B) operations, the executive said. Get the full story at WantChinaTimes