Whenever you have a guest staying over night you can just bring out this Luxor folding guest bed which is available to get over at Target, and you can provide a really nice bed, while still not having to keep a guest room all set up.
This Luxor folding bed folds up really easily so you could store it in a closet or something like that. It's supposed to be quite comfortable, and honestly I'm sure it would be so much better than an inflatable air mattress for example! It actually has casters as well, so it's rather easy to move and it's quite compact once it's folded up. Plus, since it comes with a mattress, the price is really really good. For only $154 you get a bed frame and mattress that you can fold up easily and store. That's a really good deal, not to mention this can be very useful to have around!
Style: practical, compact
Fits Where: bedroom
Price: $$Indoor / Outdoor Conclusion: How practical isn't this guest bed, and don't you just love how you can store it away easily when not in use!
Luxor Folding bed
"This folding bed sets up easily , and the mattress will provide you an extra bed, with ultra-comfortable support for a restful nights sleep. It folds back up,is compact, and has casters , which allows you to store away easily."
More info at target.com