palace located at the intersection of Monkey Forest and Raya Ubud roads. The residence of Tjokorda Gede Agung Sukawati (1910–1978), the last ruling monarch of Ubud, it is still owned by the royal family. Dance performances and ceremonies are held in its courtyard. The palace was also one of Ubud's first hotels, opening its doors back in the 1930s. A number of Hindu temples exist, such as Pura Desa Ubud, which is the main temple, Pura Taman Saraswati, and Pura Dalem Agung Padangtegal, the temple of death. The Gunung Kawi temple is the site of the royal tombs. Goa Gajah, also known as the Elephant Cave, is located in a steep valley just outside Ubud near the town of Bedulu. The Moon of Pejeng, in nearby Pejeng, is the largest single-cast bronze kettle drum in the world, dating from circa 300BC. It is a popular destination for tourists interested in local culture. Transportation Like other towns popular with tourists in Bali, it is not permitted to order a metered taxi or ride-sharing service for pickup within Ubud. Instead, a taxi and price must be negotiated with a member of the local taxi cooperative. This protectionist system ensures the driver is from the local area, and also keeps the fares inflated to up to 10 times the rates available elsewhere. Economy The economy of Ubud is highly reliant on tourism which focuses on shopping, resorts, museums, yoga, and zoos. There is a strong focus on sustainable economy in regard to the retail industry in Ubud, with many Bali-grown brands favoring materials and ingredients that would not cause much waste to the environment. From home and living amenities to tropical clothing brands, Ubud has quite a unique array of retail selections that have proven attractive to tourists from around the world. One of the initiatives that have boosted Ubud as another popular tourist destination in recent years is Ubud Food Festival (UFF). Happening in less than a week in every April, this festival brings fellow restaurateurs and restaurants in Ubud together to create either special menus or particular promotions that may not be available in other months. In contrast to the tourist area in southern Bali, the Ubud area is less densely populated by locals. However, tourists far outnumber locals, with the Gianyar regency seeing 3,842,663 tourist arrivals in 2017 - 1.3 million alone visiting Ubud Monkey Forest. Culture The town and