I suggest you stay at Alaya Resort Ubud, because of their strategic location or at least because it’s suitable for first-timer, surrounds by stores and cafes if you suddenly need something outside the hotel you will rightly find something without any confusion.
Because you stay in a strategic location you can choose to eat in their Petani Restaurant, or famous Bebek Tepi Sawah or Bebek Bengil where you can try the best spicy crispy duck, or have a 30-minutes walk to Lotus Café where you can eat with a view of the beautiful temple and lotus pond at Ubud Center. Ubud is also well-known for their wellness culture, because most of Hindu people believe that being vegetarian will affect your karma for the next reincarnation (or at least for your present life health) there are so many vegetarian or at least organic café around Ubud, one of them is Sari Organic at Bodag Maliah, although there will be some effort to reach the restaurant but I think it was worth to visit if it will be your first time in Ubud or rent a motorbike and then head to Sayan Street to having lunch or dinner at The Sayan House Ubud. Read My Ultimate Top 10 Best Restaurant in Ubud
From the place you stay, it’s only 5 minutes walk to Sacred Monkey Forest where you can see a bunch of monkeys (of course) after that head to north to Ubud Center where you can visit one of the Ubud Royal Palace, get a view of blissful Tegallalang Rice Terrace, and after all the sweat you got, the one I suggest you that very spiritual, you can visit it on your last day is to bath at Tirta Empul Natural Spring Temple, it believes good for purification.
I find that shop in Ubud is more fun compared to the other market in Bali, you can choose Ubud Art Market to buy souvenirs or laid back clothing. There are some street stores too, but I think it wills more fun to have a local style transaction at the traditional market and gets a cheaper price. But there are some well-known high-end stores you can choose like Biasa (near Neka Art Museum)
Hobi banget emang nawar! Bukan apa2, soalnya kalau kita nawar penjualnya suka ngomong macem2 dari yang lawak komedi sampe kalau apes kita diusir! Lol Untungnya tidak dengan MakTut di Pasar Seni Sukawati, Ubud ini. Dapetin kain dengan warna yang emang dicari, dan harga yang pas. Sebenernya sempet ke Klungkung langsung tapi gak nemu warnanya. Beli souvenir lokal pas traveling termasuk salah satu hal yang mencerminkan #ResponsibleTravel loh karena mendukung ekonomi lokal, jadi kalau bisa walaupun backpacking, alokasikan sedikit untuk beli sesuatu di tempat yang didatengin. Gw milih kain, karena ini nyata, bahwa fabric atau material kain dengan kesan eksotik terbaik di Asia, salah satunya bisa didapet di Indonesia, selain fabric shopping destination lain seperti Morocco atau Peru (dari pendapat editor Conde Nast Traveller yang pernah gw baca ;) #SmartShopping #PepsodentTravelSmart #TravelSmart
Forget Starbucks for awhile please, there is a place that quite famous among travelers, called Seniman Coffee, but if you want to stay away from the crowds, Café Pomegranate is a good choice for your afternoon in Ubud.