You’re paying more, so there SHOULD be a minimum uptime guarantee and better server speed. Look for a host that offers 99.5% at a very minimum, although ideally, I’d rather go with someone who offers 99.9%. Search through some reviews as there are many who have put this to the test. For example, any of WHSR’s many web host reviews include an uptime record as one of our key tests.
Craig Timmins:
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It comes down to basic reasons: If your business is growing and receiving more traffic, it is time to move to a more controlled setting like VPS.
As you can see, a VPS can be the perfect middle ground for many – enough flexibility and resources for those who need more access or control than on a shared server but without the cost of a dedicated server. If you need root access, you can’t get that on a shared server, but you can get it on a VPS. If your site experiences unpredictable swings memory usage, and your host provides it, then the presence of burstable memory will be attractive. And, if you’re a fan of customization, then the fact that you can customize server-level software such as PHP, MySQL, and Apache will perk your interest.  In short, choosing a VPS will allow you to have many of the same characteristics of a dedicated server but in a more affordable and manageable package.
I can’t say it as a disadvantage of VPS hosting because many of our VPS hosting customers have server administrator to manage their VPS and they manage it in very efficiently manner. But this doesn’t everyone must have server administrator, we have content-rich knowledge base on VPS hosting for our self-managed customers.Also, a managed service option at very affordable price.
Hostinger provides a 6-tier plan for their VPS hosting services, which you can choose to fit the needs of your website. Their Plan 1 offers the basic specs with 1,000 GB (aka 1TB) of bandwidth, 20 GB of disk space, and about 1 GB of RAMs. If you want more, you can opt for Plan 6 which gives you a whopping 8 GB of RAM, 160 GB of disk space and 6,000 GB of bandwidth.
Yes, VPS is a powerful and versatile type of hosting that many companies will find meets their needs. If you’re already hosting in a different type of environment, you may be wondering whether it’s worthwhile to migrate to VPS. This is an important discussion to have with each prospective hosting provider in order to understand how they handle migrations, what would be required from you, how long it might take, and any costs associated.
Max Ostryzhko:

Unmetered hosting is generally offered with no limit on the amount of data-transferred on a fixed bandwidth line. Usually, unmetered hosting is offered with 10 Mbit/s, 100 Mbit/s or 1000 Mbit/s (with some as high as 10Gbit/s). This means that the customer is theoretically able to use ~3 TB on 10 Mbit/s or up to ~300 TB on a 1000 Mbit/s line per month, although in practice the values will be significantly less. In a virtual private server, this will be shared bandwidth and a fair usage policy should be involved. Unlimited hosting is also commonly marketed but generally limited by acceptable usage policies and terms of service. Offers of unlimited disk space and bandwidth are always false due to cost, carrier capacities and technological boundaries.[3]

VPS, on the other hand, is an isolated playground specifically for you. You will be able to install and use any professional software you need. It also provides more opportunities for caching the content. Imagine that you implement caching tools to provide your users with better experience and reduce the loading time of your website. Caching means that the part of requests to your website will be processed using RAM instead of a hard drive. Eventually, RAM will be filled with these requests. Since VPS deals offer more RAM then shared packages, you will get better performance using caching.


So that’s it, then – a VPS is for everything in between, right? Well, yes…and no. A VPS (Virtual Private Server) is a flexible solution that falls in between shared and dedicated hosting, not only in price but also in the way it functions. Like a dedicated server, a site hosted on a VPS gets its own RAM and disk space; however, like a shared server, it uses the same processing capacity (CPU) as a certain number of other sites. So, while your site’s performance isn’t reliant on shared RAM and disk space, it is dependent on a shared processor. Moreover, the distribution of processor share varies from provider to provider.  The table below shows how most hosting companies break down the differences between shared, VPS, and dedicated hosting plans:
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