Great tip!!!! Buy tablecloths to use as draperies....much less expensive, already hemmed, meant to launder often, and many patterns and colors available! 60x84 or buy 60x104 so you can hem them AND still have matching fabric left over for pillows or other coordinating pieces!..been doing this for years. It works well.
So basically my future studio apartment will be a "convertible" apartment with a nook to turn into a lovely little bed that looks exactly like this. Give or take the pillows.