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"schatz" means "treasure", as far as my knowledge of German goes. So this is the place to hide a "treasure" or cache.
From Davos-platz there goes a cable train to Schatzalp, but I suggest you go by foot, for the trail and the view is very nice. You can reward yourself with a beverage from the restaurant up the top. For the cache you need to go further up. Find some sort of a clock above the sommer-rodelbahn. Behind the clock is a small hill you can walk around. You're close.
Gur pnpur vf uvqqra oruvaq n gerrebbg ba gur sne raq bs gur fznyy uvyy.