A hammock/hanging bed with a web stretched across a typically round support frame and supported via tension member lines/rods/material to one or more overhead points. The device is extremely stable and has excellent strength to weight ratio. The web can be drawn taut, without compromising stability or strength, providing the user with an effectively flat, comfortable area to sleep or relax. The invention allows freedom of motion, has aesthetic appeal (and thereby marketing value), is safer than prior art, and is suitable for either a single user or more than one person at a time. Means for disassembly of the hammock/bed into components via connectors such as hinges and/or joints are also comprised by the invention.