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Ubud's location makes it an ideal stepping-stone to central, northern and east Bali, but if, after arriving, you decide to stay for a little while longer - nay, for life - then we totally understand. More than any other place in Bali, Ubud serves as a showcase for Bali's high culture, where tourists can get their fill of barong dances, temple ceremonies, fine Balinese food, and Balinese art.
Your guide was just there a few months back, doing the "jalan-jalan" along Ubud's narrow roads and enjoying the local-meets-luxury vibe of the Alila Ubud (compare rates|buy direct). Will your humble guide return? Am keeping fingers crossed.