Baños, Ecuador was one of our favorite places on our entire 4-month trip to South America and we would go back again in a heartbeat. The town is situated in a valley at the base of an active volcano. It's unique location is in the perfect spot to take advantage of the varied environment, complete with mountains, rivers, waterfalls, and hot springs. The town is known for two things: naturally heated thermal baths - the namesake of Baños, Ecuador - and its many adventure opportunities! Here’s our complete guide to what to do in Baños.