I also considered a VPS-option because of the bad experience with a previous shared hosting provider.
But managed VPS-options tend to be pricy.
Therefore I went for a dedicated shared hosting service (Savvii in the Netherlands).
They have a performance (load times, uptime, support) which can easily compete with many VPS-solutions. But they are specialized in hosting Wordpress.org sites.
If you such a site, consider off-shoring.
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