• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
MagazineLuxury

Inside the world of ‘timepiece tourists,’ who spend tens of thousands of dollars on luxury watch-themed vacations

By
Adam Erace
Adam Erace
Down Arrow Button Icon
By
Adam Erace
Adam Erace
Down Arrow Button Icon
July 24, 2025, 10:00 AM ET
Courtesy of Shinola

The seven switchbacks up to the top of Bürgenstock mountain are emotional for Dr. Pablo Richard. “My grandfather fell in love with this place,” he said, steering his new black Range Rover Sport along the curves. “I was little when he told me, ‘This is one of the most amazing spots in Switzerland, or in the world.’”

Recommended Video

That assertion is hard to argue with. Opened in 1873, Bürgenstock Resort sits cantilevered 1,600 feet over Lake Lucerne. The Richards would celebrate with a weekend here every August. “It was a tradition,” Richard said. “I knew every waiter.”

So it was a full-circle moment when Bürgenstock approached Richard to curate a guest experience around Cyrus, the high-end watch brand he started with his father, Dr. Hans Peter Richard, and master watchmaker Jean-François Mojon, in 2010. Bürgenstock guests get a two-night stay, a roundtrip helicopter to Cyrus’s workshop to customize their own timepiece, and a return stay in six months to collect their finished watch.

The package starts at about $27,700—and given that Cyrus’s entry-level watch is $10,000, that’s not a bad deal for an ardent horophile. Industry insiders say there are more of these timepiece tourists than ever, willing to spend big for behind-the-scenes access to a storied craft and to rare and custom pieces.

Despite the malaise and (literal) pearl clutching in the luxury-goods market, timepieces have proved a bit stickier; Chase Travel reports year-over-year increases in its American customers spending on high-end watches in France (+13%) and in Switzerland (+18%) between 2023 and 2024.

Courtesy of Initium

“You can buy high-end commercial watches almost everywhere, but for anyone who’s a true connoisseur, they go to Switzerland,” said Livia Angelini of the luxury travel agency Scott Dunn.

Scott Dunn’s Watchmaker’s Switzerland itinerary is a nine-night romp (from $1,200 per person, per night) that includes a Phillips auction in Geneva, where a record-breaking F.P. Journe Platinum Tourbillon Souverain fetched $8.4 million last year; a master class at Patek Philippe in Zurich; and a behind-the-scenes visit to the Audemars Piguet workshop in the ancestral center of watchmaking, Vallée de Joux.

Audemars Piguet opened the Hôtel des Horlogers there in 2022. The hotel, which cuts a hill-hugging zigzag silhouette from the road down to the forest floor, occupies the site of the valley’s former post office, where 19th-century craftsmen would catch up while shipping their mechanisms to Geneva.

Prior to the hotel’s opening, general manager André Cheminade told me when I stayed there in 2023, collectors would come to the valley to pick up their pieces, then retreat to the palace hotels of Geneva and Lausanne. “Now they stay here,” he said.

Other brands in the valley include De Bethune and Jaeger-LeCoultre. GMT (Great Magazine of Timepieces) will bring 18 travelers there this fall during its second annual weeklong Watch Safari (from $5,045).

Several brands, including Patek Philippe and Audemars Piguet, have opened museums showcasing their history and craft. And the Switzerlandbased Initium recently expanded into Paris with watchmaking experiences at its new atelier near Place Vendôme. “Paris is the main place of luxury in the world,” said the shop’s manager, Pablo Quaglia, whom I found sipping tea and sporting a salmon-face Baltic MR Classic.

Eight stations flank the petite workshop. A weathered pine apothecary cabinet conceals semiprecious gems in its tiny drawers. Bands and bracelets—coral crocodile, stitched leather, rose-gold mesh—rest one atop another, while crystals, dials, cases, and movements catch the sunlight in the front window. There are over a million possibilities you can put together during a half-day (from $2,890) or full-day (from $3,490) with one of Initium’s master watchmakers. The tourbillon class—named for the intricate mechanism that keeps a watch’s guts constantly in motion—starts at $19,190.

Courtesy of Bürgenstock Resort Lake Lucerne

Back at Cyrus in Switzerland, in the watchmaking town of Le Locle, Richard held up the Klepcys Vertical Tourbillon encased in black titanium. An arched bridge ran down the center of the face, with a vertical wheel displaying the seconds perpetually turning in increments of five. “We just do crazy stuff,” Richard said, popping out the crown and winding the watch forward. When the hour hand and minute hand cross midnight, they simultaneously snap backward to their starting positions, a feature known as double retrograde. Cyrus produces only 38 vertical-tourbillon watches annually, which range from $120,000 to $250,000.

Michelle, a Cyrus technician, showed me how to polish tiny brass pieces under a microscope. She sat me down on a stool and handed me her micromotor, a tool that looks like a more complex version of what a manicurist uses to buff fingernails. After a few minutes of tentative strokes, I got the hang of it, grinding away the gritty surface until the brass was smooth and shiny as honey.

Cyrus blends the exquisite craftsmanship of a legacy house with the joie de vivre of an upstart, which is reflected in the exuberant shades of the strap and dial details. If you’ve got your gold watch, your platinum, your leather, Richard said, it’s time for your lime, your cherry, your tangerine.

I wear my dad’s Patek, but did wonder if I could pull off Cyrus’s fuchsia gator strap. Letting your individuality shine is part of the point, Richard said: “People traveling to see the watchmaker already have a Rolex, an Audemars, a Patek; for the fifth or sixth watch, they want something different—a watch no one else in the world has.”

This article appears in the August/September 2025 issue of Fortune with the headline “For the watch lover who has everything, a visit to the sources.”


Hands-on horology

Those seeking exquisite timepieces can now indulge in a range of luxe experiences exploring the craft of watchmaking

  1. Bürgenstock Bespoke: Cyrus Watches
    The iconic Swiss Alps resort whisks guests by hekicopter to Cyrus’s workshop to design their perfect watch. (Packages start at $27,700).
  2. Great Magazine of Timepieces Watch Safari
    This weeklong tour, with 18 spots, sets off in October and stops at several renowned Swiss maisons. (The all-inclusive rate is around $5,000.)
  3. Initium Workshops
    At the Swiss brand’s Paris atelier, workshops with master watchmakers range from $2,890 for a half-day session to $19,190 for the tourbillon class.
  4. Shinola Hotel Lending Program
    For those who just want to experience a high-end watch, Detroit’s Shinola Hotel offers guests a selection of the brand’s top timepieces to wear during their stay.

This article is part of Fortune's Executive Lifestyle series, featuring curated insights on luxury travel, exclusive destinations, and sophisticated living.

About the Author
By Adam Erace
See full bioRight Arrow Button Icon

Latest from the Magazine

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest from the Magazine

MagazineSoftware
Wall Street is convinced AI will kill SaaS. History and economics say something else
By Jeremy KahnMarch 25, 2026
9 hours ago
Magazinechief executive officer (CEO)
The AI era has a message for every CEO: Adapt or die
By Beatrice NolanMarch 25, 2026
10 hours ago
MagazineCentene
The youngest-ever female CEO of a Fortune 500 company is fighting Trump’s cuts to keep Medicaid strong
By Diane BradyMarch 24, 2026
1 day ago
MagazineSocial Media
Inside the Seattle clinic that treats tech addiction like heroin, and clients detox for up to 16 weeks
By Kristin StollerMarch 24, 2026
1 day ago
MagazineCoding
Cursor’s crossroads: The rapid rise, and very uncertain future, of a $30 billion AI startup
By Allie GarfinkleMarch 21, 2026
4 days ago
MagazineIran
For CEOs, it’s time for a wartime mindset
By Geoff ColvinMarch 20, 2026
5 days ago

Most Popular

Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
1 day ago
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
2 days ago
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Fortune EditorsMarch 24, 2026
1 day ago
Energy
Nobel laureate Paul Krugman calls it 'treason': $580 million in suspicious oil futures traded minutes before Trump's Iran reversal
By Fortune EditorsMarch 24, 2026
22 hours ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
2 days ago
Personal Finance
Current price of oil as of March 24, 2026
By Fortune EditorsMarch 24, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.