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How should my Spare Room be set up? (Basement)?

I have already have one guest room, but I want the basement to have additional accomodations if I have a lot of guests over the holidays. My basement is fairly large. I currently have a sofa and chair in the basement. The sofa is a regular one, not a sofa bed. I also want to keep a small area set aside for an office area w/ my PC and printer, etc. I’m wondering if anyone has some ideas for how to set this up. Should I purchase a sofa bed for this area? I could use the additional seating too because I want the basement (when guests are not in town) to be a place of entertaining like a home theater. Any advice would be helpful.

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