The Gunners lost their fourth league match of the season against the Cherries, failing to extend their nine-point lead at the top of the table to from Manchester City, who have two games in hand.
Swede international Vikor Gyokeres scored the equalizer for the home side and admits the North London side's performance was not up to par.
"We didn't come up to our level throughout the game," said the centre-forward after the match.
"I think when we scored to make it 1-1, we felt good as a team. We had some dangerous chances before that, and we wanted to take control of the second half, but maybe we didn't create enough in attack.
"They didn't create so much either, but they were clinical and they scored on the chances they got. That's why it wasn't a good result today."
Gyokeres has now scored 18 goals in all competitions since joining Arsenal from Sporting Lisbon, whom they face in the second leg UEFA Champions League quarter-final on Wednesday with a 1-0 lead on aggregate.
"We have a lot of important games to come, and we need to embrace it and to enjoy playing those games," added the 27-year-old.
"Like I said, it's a great game to have in a few days, so we just need to recover now, leave this behind and make a very good performance on Wednesday."