We bought some storage beds from Target and positioned them against the wall so they would have more floor space.
We made a fun LOVE sign out of tulle and painted paisleys on the wall in the bright colors to match the bedding. To gather the tulle, I just used a needle and string through the center and pulled on it to gather it. Then it is just hot glued into place to form the letters. I had to cut some of them so the letters were more defined as the tulle was thicker than I needed.
So with a lot of paint and things I already had, the room ended up not being as large of a project as I expected and I love how it turned out. The girls love showing it off to all of their friends and they tend to spend more time in it now.