My father [58M] has "disowned" me [27M] for taking my three siblings to a dinner that was "too nice"

I live in the East Coast, but travel frequently to Chicago for a new job. My family LOVES Chicago. I found out they were coming for the weekend after one of my work trips to see a show, so I got a hotel room next to theirs and we made plans.
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I met them Saturday morning at the hotel bar, and bought the first rounds of drinks / apps for about $100.00.
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Saturday, I let my dad pick the restaurant for Lunch. The man is NOTORIOUS for going all out at restaurants. He is very successful, and food and drink is the one space he'll actually spend large amounts of money. He chose a nice seafood restaurant. So my mom [50sF], my dad, and my 3 younger siblings [21F, 23M, 25M] all sat down and essentially let my dad order; we used to try and order our own food, but he always supplemented our orders so we just let him get after it, especially since he was paying.
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I then took my dad to my favorite bar in the city. We hung out there for about 3 hours. I tried to pay for the bill, but my dad wouldn't let me because he had drank multiple $60.00 pours of Scotch.
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He was a little inebriated at this point, and told me he wanted to do dinner alone with my mom. He told me to take the kids somewhere nice, and was very clear that he'd reimburse dinner so the place "needs to be nice." I have a good job, but I don't have a "take three younger siblings to nice dinner" money.
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We ended up going to a nicer steak house because I had a few friends that helped open the restaurant and still work there. They always take good care of us and give us a steep discount.
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After the discounts, everything + tax and gratuity came out to about $250 (we tipped generously). I felt that was high, so I covered $150 myself . I figured if there was any other issue we could just cover the whole thing.
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My parents left on Sunday. Monday, my mom texted me asking how much I needed to be reimbursed. I told sent her a pic of the check and said that I only needed $100 back. I almost immediately received a phone call from my dad lambasting me for taking my siblings to "the nicest steak house in Chicago." He seemed to be more upset about the location than the price, saying that we "used him to eat a steak."
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He told me to cancel all plans I had to travel back to my hometown to see them (I already had two trips books and paid for - got a refund tho!) and that I was no longer welcome on our annual Florida trip this March (I have already purchased non-refundable tickets for this, tho!)
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I apologized several times, told him I was trying to be as fair as possible and that $25.00 a head for a dinner downtown Chicago seemed reasonable, but I wanted to take my siblings somewhere special which is why I paid for everything on top of that. He did not care, and went on a tirade about the nice dinners he's taking me too (referencing nice dinners he forced me to go to when I was a teenager).
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Trying to be empathetic. I understand the feeling of being taken advantage of, and it sucks. I do not feel like that's what I was doing in this situation. I also don't think being banned from home / Family trips is a reasonable response BUT WHAT DO I KNOW.
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**tl/dr** - my dad offered to pay for me to take my siblings to dinner in Chicago, then got mad when he thought the location of the dinner was too nice.
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Source.