To use a combination of neutrals and small amounts of color will create a soft cozy feeling to any bedroom. As you are aware different colors create different moods for everybody. Soft pinks are always associated with babies or little girl rooms, while a rosier deeper pink may create a more romantic feel to a room. The more stimulating and energizing colors like reds, deep pinks are normally used for a teenager room, or can also be used for a young couple.
If choosing bedding for the guest room always keep in mind that what you like may not be a color that your guest will like, so try and keep to colors that are relaxing and not to dramatic. If the style is contemporary use bedding with clean lines no frills and fussy details. Lay some nice throw cushions on top of the bed for that little added detail. Remember that there is more to bedding than sheets, pillowcases, duvets and blankets.
Bed foam topper
Air fluidized bed
There are many books to be found that explain the different effects of colors and may even suggest various color schemes. Also browse through some magazines for ideas before decorating the room. There is also the option before purchasing any fabrics, try and obtain some swatches of fabric or may be buy a cheep cushion of a color that you like. This way you will get some idea of the colors that you like before spending a lot of money only to find at the end you made the wrong choice. Because of the lighting in many stores what may seem your dream color in the store may later on inspection at home can look totally different.
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OK, here is one case where size really matters. Beds are usually bought based on the general rule of thumb that it must be the biggest bed you can fit in your room. Remember that size should not only be based on width and height but also the length which should ideally be 10-15 centimeters longer than the tallest sleeper. Those who are over 6 feet in height, may have to go for customized beds but if you search diligently online, you should be able to find bed manufacturers who make beds up to 7 square feet or cater to other special size requirements.