In general, stripes add a focal point and interest to a room. The best thing about stripes is that the pattern can be used for anything, from rugs, drapery or fabrics for any furniture. Stripes are always a great way to change up a space.
How to make stripes work: when using stripes make sure the colors will match, keep the colors in the same hue. The lighter the hue the most subtle the pattern is. The bolder the colors, the more of a statement is made. The best thing about stripes is that works in any colors and works with most other patterns.