Go to Radio City Theatre, its a little theater on Kirby I think. I go there every year for a party, they do a great Christmas play, its hilarious.
My company did the less expensive way last year for an Anaheim Ducks game by having dinner in a meeting room/banquet room at the arena, instead of a suite. They imposed a time limit on us and kicked everyone out the room (And no there were NO OTHER plans that scheduled that night for the room, forcing us out for nothing).. Way to plan it through, company . Other than only being allowed 20 minutes to eat it was actually good. What would have been better, which I might pitch, is to make reservations in the best restaurant in the arena so there's plenty of time, food, beer, and festive environment. (they make you buy game tickets, though) Anyways, I'm looking for additional xmas party ideas too in here. Dave and Busters is so generic but its always ended up being an okay place for a party