The answer is either yes, no, or maybe.
Did you pre-soak the bark so it was moist when you repotted? If not, yes you will have to water more frequently.
If you pre-soaked the medium well, no, you probably won't have to water more frequently - except...
New bark doesn't stay damp as long as old bark, so it might need more frequent watering, and if you had rot issues you orchid is probably lacking in roots so it will need slightly more frequent watering until it grows new roots (but not so frequent that you get rot again). Also - depending on where you live and the temperature you're growing, you may need to water less (cooler temps) or more (warm temps and low humidity because of heating). Even more - the interior of bark is almost always much wetter than the surface, so it can be hard to judge whether it is really dry or just looks that way.
So maybe is probably the best answer about watering.
Unfortunately, there isn't a magic answer for all situations. You have to try to understand what's happening with your orchid and your environment, and juggle things a bit.
You also have to giver it time to recover. Orchids aren't like some other green plants that you repot and they turn green overnight. They are usually a long game, and consistent care is key. If they don't die, it is surprising the conditions they can adapt to (if the conditions are consistent). Unless you were really lucky and your orchid was starting to grow new roots anyway (many aren't because of short days and cooler temps), it may be weeks before it starts to grow new ones. During that time, you have to keep it from drying out by
misting and/or watering more (without starting rot again). Once it starts to grow new roots, you have to slowly bring it back to your "normal" watering schedule (everybody is a bit different).
Sorry to be so ambiguous, but everybody's style is different and if you do exactly what I do (which works under my conditions) it may not be best for your phal.
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