Instead of WordPress hosting, I recommend you the Shared Hosting option.
Managed WordPress hosting has some disadvantages over Shared Hosting.
1) You can't create email accounts with WordPress hosting.
2) There will not be a control panel like cPanel to manage your website.
3) To upload/download files/folders, you will need to use SFTP.
4) You can't host any other application like Joomla, Magento etc on WordPress hosting.
However, as compared with the performance, Managed WordPress is far better than Shared Linux hosting, these servers are specially designed to host only WordPress websites.
I hope it helps.