This looks exactly like the picture.  Fabric looks and feels like velvet.  However, I am skeptical of how long this will last.  The top is basically four boards in a square each corner held together by 2 screws.  Same on bottom.  I am 60 with no kids.  This is definitely not a full-time kids play bed.  Keep to mature guests and it should be fine.  Also you must have a minimum mattress height of 8" with great edge support to avoid putting any pressure on front support.  I absolutely love this bed.