Looks like it was a cover for something.
If you don't like it, cut it into 1.5" pieces and use them in a postage stamp quilt. :) After you use some of the pieces in an I-Spy quilt, etc.
I've done the "cut it into tiny pieces" thing several times when I didn't like the print/pattern that was on it. The pattern became unrecognizable and only the colors remained.