Original: The latter is often the core event of many village celebrations, but is at its most elaborate in the Ubon Ratchathani version, which nowadays is a major event both for residents and for tourists: giant candles are paraded through the town, each representing a local temple, district or other institution.
Simplified: It is now a major event both for residents and for tourists: giant candles are paraded through the town, each representing a local temple, district or other institution.