That looks like a pretty solid option for a bike. I have one of the generation 1 uhaul hitches which gets mounted to the rear bumper beam support. Pretty easy install and it hides really well. Pretty much all the other ones mount to the frame rail and are kind of a pain underneath the car but do the trick.
You'll really only need the lower weight one for a bike really no reason to go bigger.
If you can find one of the gen 1 uhaul guys those are awesome. Also no problems with aftermarket exhausts