Martha Stewart's stylish day bed is on sale for under $500 – and experts say they are a space-saving hack to shop now, while supplies last

Those of us with guest rooms are all too familiar with the decision-making that comes with furnishing it. Namely: daybed or sofa bed? Thanks to a discount on a Martha Stewart's Neely Wooden Platform Daybed from Wayfair, we are thinking the former is the way to go.

A chic and elegant wood daybed, the petite frame is perfect for small spaces, without compromising on quality. Martha's daybed ideas has us rethinking our approach to these accessories, as experts say their popularity is increasing as a bedroom trend. Martha's edition features an open black backing that could easily fit into any decor scheme, with its open, stylish look.

According to experts, daybeds are ideal for those seeking a multipurpose furnishing that is as functional as it is stylish (making it a timeless bedroom idea).

'Daybeds have become a go-to option for people looking to get the most out of limited space,' explains Jonathan Warren, director and bed expert at Time4Sleep. 'The main appeal behind them is that they can instantly make a room multifunctional, and they can allow people to provide a space where guests can stay that isn’t a permanent bedroom. They’re a great alternative to sofa beds, and offer increased comfort when sleeping due to the fact they incorporate a proper mattress.'

He continues, 'Daybeds appeal to people who want to host, or are likely to be hosting, yet may struggle to find the room to dedicate to guests. They also offer comfortable sleeping arrangements for multiple people, effectively functioning as two single beds, or a double bed across two levels.'

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Jonathan says that when it comes to styling a daybed, you should consider how it will look as both a bed and a sofa. 'When in use as a sofa, incorporate plenty of cushions and throws to disguise the bed function and make your day bed into an inviting palace to sit and relax,' he suggests. 'At night, make sure to provide comfortable pillows to transform the room into a calming sleep environment. If the day bed will be in use for a longer period, consider using the same decorative cushions and throws from the sofa function to make it attractive as a bed during the day.'

Try matching your daybed's frame with materials that are already present in your space; for example, a wood frame to coordinate with wood floors, or a boucle frame in a more modern, contemporary space.