A polyurethane foam dressing having an improved water holding capacity is provided to maintain a proper wet state, to enable a user to change the dressing easily, and to promote wound healing by increasing the water holding capacity. A polyurethane foam dressing having an improved water holding capacity includes: a wound surface contact layer(10) formed in a sponge structure comprising plural open cells(12) and pores(15) penetrating the cells and a film-shaped protection layer(20) laminated on the wound surface contact layer. The lamination of the protection layer is performed at 150-250 deg.C and a pressure of 0.25-1 kgf/cm^2.