Thomas Jefferson understood the appeal of alcove beds (see his iconic alcove bed at Monticello here); here's a roundup of some modern favorites.

Above: A reading niche in Denmark, via KML Design.

Above: A built-in bed in Minneapolis, via Dwell.

Above: A bed alcove in the Hotel Hegia, via OWI.

Above: A minimal alcove bed via architect Francois Roche.

Above: A built-in reading niche by Piet Boon.

Above: A modern bed at the Hotel Aire de Bardenas in Spain.

Above: An alcove bed with built-in storage at the Moormann Berge in Germany.