In the Roman Catholic church the Stations of the Cross depict the way Jesus Christ traveled on the day of his cruzifixation. In Bad Hindelang you can find one on the Kalvarienberg. The stations are on a small foot path towards the chapel you see in the panorama.
Usually the Stations of the Cross are shown on 14 individual images placed along a path.
For more information see this article on Wikipedia.
See some more panoramas of the Stations of the Cross on the PanoTwins blog