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Perhaps a large round table might mean a rug is not at all necessary. It could be a metal tray table, or carved wood like Rebecca Mitchell Interiors illustrates. Ideas also to consider, using multiple tables can be found at http://www.houzz.com/multiple-coffee-tables. I also agree with comments above that some color is needed on the walls. You could then hang round mirrors, or an unusual curved shape like RMI shows above.

You could put bookshelf over entry to where bed would go add tv on there, like in photo. Could you not get a pull out day bed for quests and then you have all the extra space, get book case on casters so you can move in front of bed when necessary

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