Well except that time one of their datacenters burned down, likely due to insufficient fire suppression, and they kept the data backups in the same building as the originals so they were also lost.
https://www.datacenterdynamics.com/en/news/ovhcloud-ordered-...
These reports criticize OVHcloud for having no fire prevention system and no power cut-off on the site, for using wooden floors, and for a free-cooling design that created airflows that spread the fire. The reports also say that water was detected near electrical systems before the fire broke out.
It takes quite a while to regain trust after shitting the bed that badly.
I asked that question Hetzner support and they admitted doing the same
the OVH contract relating to automatic backup stipulates that a backup of the VPS server is scheduled daily, exported, and then replicated three times before being available in the customer space, and that the storage space allocated to the 'back-up option is physically isolated from the infrastructure in which the VPS server is set up.'
The pain begins when you need support. Just like you, I have lost a lot of sleep over domains held hostage by their incompetence (for almost a year in one instance). Lesson learned, never use OVH for domains.
The support for their dedicated servers is just as bad, mind you, but short of a hardware failure you really don't need them. I have several years of uptime on all my current services.
So for personal projects their vps/dedicated is still a fantastic value.