I am also getting the same “Calendar Invitation” Error. SUPER ANNOYING! :-( NOT HAPPY. Also started since I updated the version to iOs 11.1. In my experience also slowed down the phone significantly and causes crashes and early auto-switch-offs at low-battery % levels (eg at 20%), but more frustrating is that the battery life is now much shorter and the phone cannot even last half a day anymore...
Still getting the issues after removing and deleting iCloud calender, contacts and reminders and restarting the device since removal.
Error Just seems to recur when activating the iCloud Calendar again???
Apple must please fix this.