An Ethan Allen sleeper sofa would be perfect if you need an additional guest bed as well as sofa. If you don't have a lot of space (like a dedicated guest room with a proper guest bed), then putting a sleeper sofa in the living room can be quite a practical and reasonable compromise. You get a nice sofa which you can use during the day (or most likely during most of the time since you probably won't use the bed too often) and then anytime when you have overnight visitors or guest you have a bed ready for them. You can find a range of Ethan Allen sleeper sofas in various sizes and styles. Among their selection there are Ethan Allen leather sleeper sofas, Ethan Allen fabric sleeper sofas as well as Ethan Allen sleeper loveseats. It's pretty neat that you don't even have to get a full sized sofa, you could get a loveseat and still be able to make it into a bed. Overall you can trust the quality over at Ethan Allen: their price point is a little higher than many other stores, however their build and choice of material on the other hand is also superior: you do get what you pay for! The Triad queen sleeper sofa features a very classic and elegant shape with trim arms and loose pillows along with tapered legs. The Conor sleeper sofa on the other has rolled arms and a tight back. Both feel rather traditional in design and would work well in most spaces. 
Ethan Allen triad queen sleeper sofa
"The Triad sleeper is convenience plus style. It has trim arms and a knife-edged, loose-pillow back, and ends in tapered and well-proportioned exposed legs. A versatile frame you can dress up or down and make modern or classic, depending how you upholster it." 
Ethan Allen conor queen sleeper sofa
"Classic, inviting, and versatile with the chameleonlike ability to fit in just about anywhere — that’s Conor. The convenient sleeper’s rolled panel arms lend a traditional air. Dress your sleeper up from our impressive array of fabrics and leathers and make it country chic or simply grand. Delightfully comfortable in any case."
These sofas can be found at ethanallen.com
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