http://www.imuco.org/Despite the fact that economic and political relations between Turkey and Russian Federation have been gradually developped over the last years, with few exceptions to the rule, these two nations have always been party to different poles in their foreign policy preferences throughout the history. Opposing positions adopted by the two countries regarding their Ukraine, Crimea and Syria policies have been the main conflicting issue taking them apart most recently. After Turkey shot down Russian warplane in line with the engagement rules on occassion of airspace violation, Russian Federation have began applying sanctions against Turkey. Obviously, the impact of the gradually rising crisis will exert itself on several sectors including energy, tourism and agriculture in the short and the long run. The aim of this paper is to describe the reflections of the latest developments in relations with Russia especially on tourism sector. To achieve this end, after explaining the historical background of Turkey’s relations with Russia, outcomes of the actions raising disputes between the two parties, and their economic and political impacts are analyzed with reference to tourism sector, and the topic is expanded to cover the reflections on Antalya, that is the primary destination preferred by the Russian tourists.